Money - What Dreams Are Made Of.

Living in today's economy is getting harder and harder, and there is really no
light at the end of the tunnel The number of unemployed Americans
is climbing, and their hopes of finding an oasis in the middle of the desert are
diminishing quickly.
A story from FOX news on February 20th, 2010 entitled
"Getting Back Lost Jobs Could Take 5-Plus Years" sends a chill down the spine of Americans from coast to coast.

"So many jobs have been lost that the U.S. must run hard just to keep from
losing more ground. Despite the election-year emphasis on job creation by both
parties, the short-term outlook is bleak.

While many economists believe the recession is technically over, nearly 15
million Americans remain unemployed. Six million of them have been out of work
for more than half a year.

President Barack Obama is asking for almost $300 billion more for recession
relief and job formation. The House last December passed a $154 billion spending
bill focused on jobs. The Senate is due to debate a far more modest version on
Monday, but appears bogged down in partisan bickering.

With or without new legislation, reducing a jobless rate that's now just under
10 percent to prerecessionary rates of about half that won't happen soon,
especially as government efforts to prop up the economy begin to wind down.

It could take up to five years or more just to get back to even."

(Visit http://www.foxnews.com/politics/2010/02/20/getting-lost-jobs-plus-years/
for more info.)

Here are some of the reasons I think that it will take even longer than
they say it is in the article to step back onto solid ground as a nation, if we ever
do at all.

My main concern is that the government has only tried to accomplish one
thing, and that is to cover the wound without cleaning it. Unfortunately the article is right about
the problem; all the government bailout programs are accomplishing is barely supporting
the wobbly economy in an effort to postpone the inescapable in hopes that it would curb the blow.

In my opinion, what they are doing is re-coiling the fist that
already knocked the wind out of a large portion of our country. With the housing incentives
that have been dragged out, a lot of hard working people who could be
out of work any second have bought homes they would have thought twice about if there hadn't been a strong
push for them to. Of course, the purpose of their efforts was to arouse the economy from its
slumber by stirring the housing markets boiling pot - what I think will happen is the same thing that would happen if the monetary equivalent
of the bailouts in caffeine were injected into your system - it will come down
hard. It may be making people think things are improving, but as the old saying goes,
the bigger they are, the harder they fall. As soon as the caffeine "kick"
wears off, I'm afraid we will be worse off than we thought.

Not only are the jobs that remain turning over to new people
less frequently because the elderly workers are keeping
them longer because they can no longer survive on
what they have saved but the jobs that are being created are nowhere near
the same caliber of the ones that are gone. The jobs we have lost are not coming back - they are
either in India to stay, or they have become obsolete through the advances in
technology that are bound to overtake even more jobs.

I fear that if we don't let the recession just do its thing and naturally rebound, there will be some serious over-correction due to mans meddling hands. There is no faster way to bring it to an end than to stare it in the face and deal with it head on. Like pulling a tooth, or a sliver out of your skin, the anticipation is much worse than the actual pain. People will survive - life will go on. Meanwhile, our focus and resources should be put towards educating the population of new ways to create wealth. The jobs that are gone are gone. We can either cry about it, or get over it and find a solution to the problem, but trying to "prop" the economy up is not going to solve any of them. It is only raising hopes that will inevitably come crashing back down. There are solutions out there, we just have to open our eyes and adjust to the new paradigm of thinking - one that includes such industries as the formerly despised one of network marketing.

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