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Economy Essay

  • Submitted by: matt10
  • on November 4, 2010
  • Category: Social Issues
  • Length: 715 words

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Below is an essay on "Economy" from Anti Essays, your source for research papers, essays, and term paper examples.

A very strong topic that people are always talking about, is this economy. Many people think it is because of President Obama. Once Obama became President, U.S. citizens are beginning to think he has something to do with why the economy is so bad.
A person who agrees is Richard. I am interviewing him on this topic. Richard is my friend Kasi’s father. We have gotten to talk a lot about this subject and we agree, but also disagree on some things. “ Unemployment is outrageous now “, said Richard. I do have to agree with him. Employment rate has gone up almost 10%. Americans are being let go because this economy is so terrible. Richard thinks that Obama is doing nothing to help out the unemployed. He thinks that this is very sad because people who have been at jobs for over 10 or 20 years are just not being let go, and they can’t help it because of the economy.   Extending unemployment benefits is making people not look for a job, which does NOT help the economy. Richard loves cars and to work on cars. There is a “ Cash For Clunkers” which people take any car, no matter what car not condition, and get money towards a new car, and that is not helping the economy at all. Now the used cars are about half what it used to be. Another issue that Richard wanted to talk about was the health care law. Richard says that leaving your child on your insurance until you are 26 is very stupid which will drive the health care premiums up. The cost of health care went up and it is not very affordable for anyone, especially the unemployed. The donut hole on prescription coverage will raise health premium ups. Obama gave money to bail out banks who were in trouble a lot of them were ones who gave out mortages who shouldn’t have. Another problem that Richard had was, over course, the oil spill. Obama did not act fast enough. He let the oil spill get so bad until they could not stop it anymore. Obama had told nations “no” when they offered to come and help us out with stopping the oil...

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"Economy". Anti Essays. 14 Dec. 2018

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Economy. Anti Essays. Retrieved December 14, 2018, from the World Wide Web: http://snehaedu.com/free-essays/Economy-62687.html