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Written by Top Ten List
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Saturday, 28 November 2009 |
With Obama touring the Asian countries for a full 8 days, the president is back in the United States, and with a message. Obama has in fact called for American companies to produce more goods to be sold across the Pacific. Of course, Obama is plagued by rising unemployment as well as slipping poll numbers, but the president assures the public that he will create more jobs in the country and this will remain as his priority until the economy fully recovers.
Obama also emphasized the American companies should focus more on their exports, and that they need to figure out on what they can sell to the Asian nations, which can ultimately create more jobs at home.
Personally, I believe that the president should focus more on his job creation prospects. Clearly, I believe that he somehow promised that he will create more jobs during his 2008 electoral campaign, and I trust that if he successfully fulfills his promises, this will surely put him back on track in his task to revive the entire economy.
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Written by Top Ten List
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Friday, 27 November 2009 |
With the healthcare bill in place after a historic vote down at the White House, it seems that the baton has been passed to the senate on how they would like to implement the gigantic healthcare overhaul. Of course, the senate democrats are divided on how they can fix the entire healthcare system, as clearly, both conservative and liberal members have their own way of ‘fixing’ the entire healthcare system.
Personally, I believe that the healthcare overhaul will sap a lot of resources in the senate as such gigantic tasks can never be achieved single handedly. Do take note that the longer the senate takes to implement the healthcare overhaul, the most disgruntled the citizens will be. Obama’s job approval rating has already fallen to a record low, whereby only 49% approved what he is doing now, as opposed to a historic 70% when he was initially elected as the president.
Do you think that the senate can work together to get the entire healthcare overhaul in place?
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Written by Top Ten List
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Wednesday, 25 November 2009 |
We all know that part of the taxes paid by American companies goes to helping the unemployed. Of course, according to a recent discovery, it seems that the unemployment taxes are already taking a toll on American companies. Due to the fact that the unemployment ratio has reached a historic high, it’s rather inevitable that fully functional American companies are taken to the task to pay for the unemployment insurance claims.
According some of the employers in the market, it seems that such unemployment taxes are hindering companies from further hiring, as clearly, part of their resources have gone to support the unemployed. And with rising healthcare cost, minimum wages requirements, as well as tight credit situations, these don’t pose as a good business environment for US companies.
Do you think that the government should lower their unemployment taxes in order to ensure better job hiring prospects?
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Written by Top Ten List
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Tuesday, 24 November 2009 |
With Black Friday at sight, it seems that stock market investors are anticipating the brief year end sales, whereby it might eventually jolt the stock market upwards. Clearly, this is the time of the year where US retailers make most of their cash from. And judging by the fact that the S&P 500 index is up for more than 60 percent this year, stock market investors are more than enthusiastic over the year end sale.
On the other hand, stock market analysts have also mentioned that there are more risks investing into the stock market now, when compared to a year ago. With the Dow Jones topping its chart, it’s highly unlikely that the entire stock market will perform exceptionally well – just don’t expect that stocks will shoot up the roof as clearly the Dow Jones are already reaching its peak!
Do you think that this is a good time to invest into the stock market?
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Written by Top Ten List
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Monday, 23 November 2009 |
The Asian stock exchange took a change today, whereby stock investors were cautious on the entire trading scenario due to the fact that the figures released for the US economic performances might be a little lower as predicted. Generally, the US economy is recovering, but the recovery rate might be slower than anticipated. Many analysts are forecasting that the official figure released by the trades department for the United States GDP might be lower than forecasted 3.5 percent. On the other hand, crude oil price has hovered above $78 per barrel, and surprisingly the dollar performed exceptionally well when compared to the yen.
Personally, I believe that the entire economic recovery scenario is guaranteed, but clearly, Obama needs to be more ascertain when it comes to promoting the United States back to the world as the world leader when it comes to trading.
Do you think that the United States can recover in dues time?
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Written by Top Ten List
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Sunday, 22 November 2009 |
According to a recent survey conducted on the overall credit card payments by credit card holders in America, it seems that more Americans are paying their credit cards on time, as opposed to several months ago. The survey revealed that the late credit card payments have in fact dropped 6 percent in Q3 this year, which signifies that Americans are more financially stable when compared to early this year. On the other hand, the survey also revealed that the overall outstanding debts for these credit card holders have also dropped from $5,719 to $5,612.
Personally, I believe that these data show that the economy is recovering at a slow pace, but surely it is recovering indeed. With more credit card users paying their debt on time, this also shows that Americans are more stable financially, when compared to the beginning of this year, when the recession took place.
Do you think that Americans will continue to pay their credit card debts on time?
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Written by Top Ten List
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Friday, 20 November 2009 |
With Obama’s job approval rating falling considerably to below the 50% margin, Obama has issued a statement for Americans to have more patience over the economy. On the other hand, Obama is also plagued by a historic high for the country’s unemployment ratio, whereby figures have suggested that close to 10.2 percent of Americans are unemployed.
Although Obama has toured various Asian nations with hopes of garnering support from these counterparts, critics have mentioned that Obama has in fact fail to win significant amount of concessions on trade or currency manipulation, particularly with America’s biggest trade partner, China.
Do you think that Obama’s job approval rating will slip further?
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Written by Top Ten List
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Wednesday, 18 November 2009 |
US business economists have raised the 2010 economic growth outlook, whereby they have forecasted the growth to be at 2.9 percent, up from their October forecast of just 2.6 percent. Although business economists have given better prospects ahead, some have cautioned that the jobless rates will still be stubbornly high.
Personally, I believe that the government should place more incentive schemes for businesses. I truly believe that these schemes will somehow help the economy recover at a much faster pace, in which will ultimately lower the country’s overall unemployment rate. And with more business growth being created, I’m sure this will surely help Obama’s healthcare overhaul considerably.
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Written by Top Ten List
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Monday, 16 November 2009 |
Defense Secretary Robert Gates has mentioned that any US troops sent into Afghanistan will be placed into action swiftly, despite logistical hassles which forces majority of the troops delivered by air. Defense Secretary Robert Gates has also mentioned that Obama is in the midst of considering on whether to send more troops into action in Afghanistan, whereby once Obama signals approval for the further troops deployment, these additional fighting forces can be deployed swiftly across the country.
Personally, I believe that the president should end the war swiftly. Perhaps he should send all the available troops in Iraq to be redeployed in Afghanistan. And with additional forces in place, I’m sure he can end the war quickly.
Do you support the president in sending more troops into Afghanistan?
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Written by Top Ten List
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Saturday, 14 November 2009 |
According to market analysts, they have predicted that the job losses for the country will bottom out in Q1 2010. Analysts have mentioned that with the economy performing considerably well when compared to a year ago, the data that they have gathered might have suggested that the job losses will slow down considerably in Q1 next year.
Personally, I believe that the economy is indeed growing at a very slow pace. And with everyone hollering that the economy is recovered, I’m sure that companies in America will soon begin their hiring modus operandi – it’s just a matter of time. And furthermore with better prospects for the Black Friday event this month, I’m sure that companies might eventually hire more workers in order to deal with the crazy sales of the year.
Do you think that companies will start to hire in Q1 next year?
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Written by Top Ten List
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Thursday, 12 November 2009 |
We all know that the US government has place a protective blanket over their economy, due to the fact that the economy was at one of the highest risks of a global economic meltdown. We’ve seen how the government took control over various financial institutions, multinational insurance companies, and even the auto industry.
Nevertheless, Obama has in fact flown over to Asia, with the intention of meeting Asian leaders, to ultimately improve the overall trade ties with the countries. However, not everything went well for the US President, as clearly the Asian countries have criticized the US government over their free trade issues. On the other hand, the president also had to swallow a bitter pill, as the Asian countries have mentioned that the US government is over protecting their economy.
Personally, I think that Obama is doing a great job in improving ties and trade relations with the Asian countries. However, I think that US should somehow consider relaxing their protective rules for the US companies, as clearly it is bad for business in the long run.
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Written by Top Ten List
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Tuesday, 10 November 2009 |
With President Barack Obama victorious in getting the recent healthcare overhaul passed by the White House, he mentioned that it is up to the senate to get things in order, and to ultimately implement the entire healthcare overhaul. Nevertheless, the healthcare proposal did not go down well with Republicans. Apparently, the Republicans have based the healthcare overhaul, when Democrats rejected the Republican’s idea to limit lawsuits, while giving the states more flexibility when practicing changes to the healthcare bill.
Nevertheless, the healthcare is aimed at providing healthcare coverage to 36 million people. And with a $1.2 trillion price tag strapped over the healthcare overhaul in the next 10 years, I’m pretty sure that everyone has something unpleasant to say to the entire overhaul.
Personally, I think that it is wise for the government to provide health coverage for people who cannot afford proper healthcare. With the healthcare overhaul in place, I’m sure this might somehow help increase the overall quality of life.
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Written by Top Ten List
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Saturday, 07 November 2009 |
With better economic prospects ahead of us, realtors are already beginning to predict that home prices for 2010, will ultimately increase by at least 4 percent. Analysts have also forecasted that home buyers will be more likely to buy homes in 2010, which is a huge contrary to 2009 when the economic slumped to its lowest points.
Personally, I think that the 4 percent increment in home price is a significant turning point for the market. The price of homes has already gotten one of their biggest bash earlier this year, whereby the overall price has declined by as much as 13 percent this year.
In my opinion, I truly believe that this is the time that you should invest into homes – if you have the financial resources, that is. With the price of homes devaluating by as much as 13 percent, I’m sure with the prospective 13 percent profit margin is a significant motivational factor for home buyers to invest into homes indeed.
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Written by Top Ten List
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Wednesday, 04 November 2009 |
Apparently, according to the latest news released by the officials in Afghanistan, it seems that the army morale has taken a huge beating, whereby troops are seeing a record in violence in the 8-year old war. Although the US soldiers in Iraq are doing much better when compared to Afghanistan, the mental health for soldiers based in Afghanistan is deteriorating fast.
On the other hand, a survey also showed that soldiers that are being inflicted with depression, anxiety and post-traumatic stress have doubled since 2005. The figures showed that 10.4 percent in 2005, 23.4 percent in 2007 and finally 21.4 percent in 2009.
Personally, I think that the war has taken a huge toll on the army which is based in Afghanistan. With militant insurgents on the rise, soldiers are probably thinking that there wouldn’t be any end to the current war.
Do you think that the US troops will be victorious in Afghanistan, or would they suffer yet another military blunder, such as the one in Vietnam?
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