The Crisis Continues – Blog Post

While some argues that the economy crisis is over, unemployment and the inability of the government to provide for those that are jobless demonstrates the contrary. A recent editorial article by the New York Times stated that federal unemployment benefits for jobless people recently expired leaving over 200, 000 Americans without any source of income.

Despite this alarming figure, many have drawn to statistics as a method to prove that the economy is actually recovering. The question is for whom. The Bureau of Economic Analysis stated that the Persona Income increased by $1.2 billion, thus it fell to specify whom income is actually improving.

The current unemployment rate is enough evidence to prove that the economy crisis still greatly alive and is continuing devastating the American people. Despite the numerous investments by the Obama’s administration, people across the nation are still heavily affected by unemployment while businesses continue to close down.

The problem, perhaps, is that there is too much emphasis in that the recession is over or that there even wasn’t a recession. Meanwhile the federal unemployment benefits for the jobless should be re-established in a timely manner and focus energy and resources in creating long lasting jobs that provide income for the American people.