Sunday, July 12, 2009

The Human Equation

As many of you may know; Obama is pressing to pass another stimulus. The whole country is impatiently watching and waiting for this so-called elixir for our economy. Even the economic experts of our nation are calling the end to this recession imminent. Amidst this optimism, Bob Herbert calls for a reconsideration of this euphoric attitude and reveals that an economic recovery is far more difficult than simply passing a few plans. What Herbert concentrated on was employment. He argues that Obama’s stimulus and other economic plans are all missing the “human element”, which is to say that they all ignore the importance and the severity of the unemployment rates. He also argues that the stimulus allocates too little to address this employment problem. Ultimately, Herbert wants the nation to reassess its approach to this economic recession and put employment as one of its top issues. He believes that joblessness is the main obstacle to economic recovery.
I believe Herbert makes a very good point in addressing the lack of positive results from Obama’s economic plans. I thought he does a really good job in pointing out the problem and offering a solution. He first supports his claim with statistics and then he explains why these statistics are important. He states that unemployment rates are important because a healthy economy needs people driving it. He also offers a solution to the problem; This solution he calls “rebuilding America”. In this proposal, Herbert affirms that the government should conduct programs that would get jobless people simple jobs such as repairing, designing, etc. Overall my beliefs are along with that of Herbert’s. I also believe that our economic problem could not be solved b just giving money to the free market, but rather it should be solved by getting people back into the free market.

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