What is the economic solution-vey...?

...Just a few news tidbits to ponder for the average American: 1. Unemployment for those seeking jobs hits 10.2%, while the guestimate is that 17.5% is more realistic given that 7.3% have either given up on finding a job, living off of savings, or digging themselves deeper into dept. 2. Employers estimate their payrolls are down 22%. Good for them, assuming the reduction is due to firings, lay-offs, cut wages, shorter work weeks, and slashed bonuses. Surveys say that the average company's profits are stagnant or increasing slightly <--which makes sense: 'do more with less'. 3. The big banks/lenders and auto companies have been 'bailed out'. Some have already repaid their bail-out money, others have not. Small businesses have seen little bail-out money and have difficulty getting credit to grow their businesses thus creating jobs. ~2 of 3 American workers are employed by small businesses. So, why the big money to big, tight-fisted lenders (?) 4. The White House recently signed documentation to extend unemployment benefits to those who already receive or qualify for benefits. Good for the receivers. Gee, what about the Americans that do NOT qualify for benefits? The question is to my fellow Americans: Do you have a solution that quite possibly the White House has not considered? If so, please share. Thx ~peace~

Asked By: Mac S - 11/7/2009
Best Answer - Chosen by Asker
I disagree with the guy above because major corporations are doing just fine. Small businesses, which have driven job gains for the last 30 years, have been hit extremely hard by this thing, though. A better solution would be to push a lot of small business incentives, or maybe give a lot of new funding to the Small... More
Answered By: Caz - 11/7/2009
Additional Answers (1)
A partial solution is to lower taxes on businesses. Currently the federal corporate income tax rate is 35%, which is higher than any advanced industrial economy with the exception of Japan and Sweden. A corporate income tax cut will create the economic incentives for businesses to take risk, expand into new markets... More
Answered By: Crookedlettaman - 11/7/2009
Sponsored results
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Click. Search. Apply. Free!
Jobs hiring near your local area. Part-time, Full-time, Work at home.
Sobre 287 Trabajos en tu area. $15-87/hora - Aplica Ahora.

Other Career Questions

What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
3 answers - Asked By: drop pants not bombs!.♥ - 3/2/2010
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
4 answers - Asked By: bayebd24【ツ】 - 11/21/2007
Hi ok im 19 and about to start college to do an acess course into a university. Ive been browsing through all the courses and im tottaly stuck! I thought politics but im scared ill end up with some r...
1 answers - Asked By: roseparkerly - 1/26/2009

Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.

Popular Articles

Best-Paying Work-from-Home Jobs Article Rating
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook Article Rating
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
For Employers: Post Jobs | Search Resumes | Advertise
About Monster | Work for Monster | Advertise with Us | AdChoices | Partner with Us | Investor Relations | Social Media
Terms of Use | Privacy Center | Accessibility Center | Help | Security | Contact Us | Sitemap | Mobile
©2014 Monster - All Rights Reserved U.S. Patents No. 5,832,497; 7,599,930 B1; 7,827,125 and 7,836,060 MWW - Looking for Monster Cable? - V: 2014.1.40.24-306