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Elevator pitch - Essay Example

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The recent downgrade in the credit rating could also have been prevented had the debt been paid off.
The new policy of charging…
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Elevator pitch

Download file to see previous pages... The government will profit when the Americans spend more money in the country.
Everything comes down to creating employment and employment can be created should the government support small scale industries. Small scale industries are more than capable of creating a plethora of jobs. This is how one initiative by the government can change the fortune of the nation.
The economy of America is yet to recover from the recent setbacks, it is important for it to recover only then will more jobs be created and more Americans will get employed. Structural troubles are haunting the economy, the housing trouble for instance which was also the main reason for the recent recession impacted the economy of America severely. Americans who had borrowed money to buy houses failed to return that money to the banks as a result of which there was very little liquidity and the economy was greatly affected.
“Uncertainty is natural, of course. The future is always uncertain. But there is good uncertainty and bad uncertainty, much as there is good cholesterol and bad cholesterol. Good uncertainty, for example, presents opportunities for profit. Bad uncertainty arises largely when investors and entrepreneurs have very real questions about the consequences of government policy.” (Promoting Job Creation)
To conclude it is very fair to say that the government has to take initiatives and create jobs for the unemployed Americans and this will only happen when the economy of America recovers from the recent setbacks. Hopefully it will happen soon and the unemployment rate will be under control once ...Download file to see next pagesRead More
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