Thursday, November 12, 2009

Obama is quite the jetsetter



President elect, Barack Obama is setting off to Asia for an 8 day stay which will include meetings discussing the importance of Asian nations such as Japan, Singapore, China and South Korea as and how their relationship with the Us helps with economic growth, nuclear nonproliferation, the war in Afghanistan and climate change.


It is said that Obama not only is in Asia for the aid it will give to America as a nation but it also gives the president a sense of nostalgia since he spent a little bit of his childhood in Indonesia.Mainly Obama is just there to discuss important issues and have meetings to further develop relationships with the Asia countries. The main topic they will be discussing is exports which are reported to rise by 7% by next year. This increase in exports could gain America hundereds of thousands of dollars.
It seems as though this trip to Asia can bring nothing but positives for America which is this wrier is happy about. American needs something to brighten it's spirits a little bit with all the negatives going around now with the poor economy, healthcare issues, the flu of a certian farm amimal and the conflict in Iraq still going on. I think this trip to Asia Obama is taking especially if itll really improve the economy and our relationships with other countries as it seems that it will.

Is employment finally improving?



Everyone would admit right now that money is tight in America, it seems the bad economy is hitting everyone and doesn't seem to be getting much better. Many important people have been searching and meeting and discussing new and better ways to improve the economy. Recently the economy has slowly improved. There are more job openings then there were in previous months and the unemployment rate has obviously gotten a lot better as a result. However Obama and others believe that the government should be doing everything possible to create a more stable economy and not just a better unemployment rate but the lowest possible. Some suggest a stimulus package would be an adequate decision but not all are convinced. Instead Congress and other members of administration are looking for smaller projects that involve both the government and the people. However there aren't many ideas that both economists and lawmakers agree on aforementioned ideas.
As for my opinion I understand America is in serious debt and the dollar isn't doing well, our economy right now pretty much sucks. However I'm quite confident that it isn't currently as bad as it was back in the 1920's during the Great Depression and eventually America got itself through that mess and if it could recover from that then it should be able to solve any economic problem. In fact with the new technology and knowledge that people have the economic problems this time around should be solved quicker and with even more grace and longterm effects.