The economy has become a major hurdle that the United States has been trying to get control over for many years since the recession. It seems to be the most talked about topic on the news and in communities everywhere because it is affecting so many people in a negative way and people are not sure what is going to happen or when we are going to see change for the better. In my option, the economy is going to get a lot worse before we start seeing any kind of positive change. The first major issue that I see that will keep us in economic troubles is the lack of a plan of action in place to resolve this issue. Many will argue that we are seeing small changes that people in government and President Obama are making to try to do to help but I haven’t seen any major plan put in action that will have a great effect on this continuous problem we having with economy. What makes it worse is that people in government can’t seem to all decide on one strategy to get out of debt as a country and don’t seen to worried about the effect that it is having on the people that live here in the U.S., which leaves all of us in the same situation we have been in as a country and makes everything slowly become worse and worse. The second major problem I see is that lack of monitoring what is really the underlying cause that is keeping us in debt. You might think I’m delusional because of course there are many people that watch how the country’s money is spent but I feel like it is not being watched as closely as it should be because of the magnitude of money that is being spent everyday. I think if our country’s spending was being watched correctly we would be able to come up with a plan the country could follow that would get us out of debt and would help us figure out how to manage our money correctly so no other economically crisis would occur. This problem seems to be a problem that slowly has become a huge problem because many years ago when the
Cited: Economic recovery - or trouble ahead? (2002, Credit Management, 9-9. Retrieved from http://search.proquest.com/docview/228386382?accountid=35812 DeLisle, J. R., PhD. (2009). A flood of economic trouble, a ray of political hope. The Appraisal Journal, 77(1), 6-17. Retrieved from http://search.proquest.com/docview/199962214?accountid=35812 PROSPECTS 2012: US economy. (2011). (). Oxford, United Kingdom, Oxford: Oxford Analytica Ltd. Retrieved from http://search.proquest.com/docview/902600727?accountid=35812