Wednesday, February 11, 2009

I'm Obama's economics advisor... Parte dos...

Dear Mr. President Barak Obama, ☺

Thank you for letting me discuss 30 minutes with you.
We all know that the current American economy is an issue, and i would like to address that when you mention in the Washington Post, "Our economy will lose 5 million more jobs. Unemployment will approach double digits. Our nation will sink deeper into a crisis that, at some point, we may not be able to reverse.", i agree with your concern, my advise is that "we should create or save more than 3 million jobs over the next two years, provide immediate tax relief to 95 percent of American workers, ignite spending by businesses and consumers alike, and take steps to strengthen our country for years to come."

Reading the Great Depression i came across this quote, "The middle-class and poor stopped buying things with installment credit for fear of loosing their jobs, and not being able to pay the interest. As a result jobs were lost, and soon people starting defaulting on their interest payment. More jobs were lost, more stores were closed, more banks went under, and more factories closed. Unemployment grew to five million in 1930, and up to thirteen million in 1932-49." so very much seems we had this problem before, and as you read this quote you realize that we really don't need to cut peoples jobs and just make more jobs available for people, or just start saving jobs for the ones that need it like the middle class and especially the lower class. I just want you to realize how this problem did happen before, and we don't want people losing their jobs, and have stores, factories, and banks closing down because the economy is getting worst and there is no employment.

Is it just Jobs? What about school? is it a crisis as well? Even if it is a crisis obama wants tom make it a long term growth, which means that they want to keep people educated and make it grow. "it's a strategy for America's long-term growth and opportunity in areas such as renewable energy, health care and education." this quote saying that they are going to make education keep growing. In the 1900's "250,000 U.S. children under age fifteen did not attend school. Instead they worked in mines and factories." and they didnt attend school, reading this quote education has changed alot and children under 16 cant work. Education in the U.S has made a change throughout the years and people have paied more attention to school, and they are making education grow.

Sincerely,
aalejandro morales ☺


Obama, Barack. "Barack Obama - The Action Americans Need - washingtonpost.com." washingtonpost.com - nation, world, technology and Washington area news and headlines. 13 Feb. 2009 .

"The Main Causes of the Great Depression." Welcome!. 13 Feb. 2009 .

" Important Events in Education, 1900–1909 - 1900's Education." eNotes. 16 Feb. 2009 .

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