Crisis Economica

Postdraft Outline

1. What exactly create this economic crisis in the USA?

2. How this economy is affecting the Americans?

3. What percent of Americans are unemployed?

4. How many Americans already lose their houses?

5. How the government can do, to improve this economy?

6. Which is the Americans dream or expectations about the USA economy?

I’m selecting this topic, because I’m worry. Also because I want to learn and share with all the readers, what start or create this economic crisis. Our nation needs a healthy and strong economy to keep the peace of mind of us, “The Americans”. The U.S. economy is currently experiencing its worst crisis since the Great Depression (Moseley, 2009). I thought that the Iraq war was who create this crisis. But reading all this sources; I getting informed and learn as follows. Although the war in Iraq affected the economy in part, but even the damage and began the crisis was that the government lets banks takes control on how they lend money to mortgage taking a lot of risk. But it is more that hurt us and government, is not to charge them for what was lost of those loans. This hurt the Americans, because they could not gradually acquire loans and the economy stagnated. Then began the problem of cash flow and then the companies or businesses had to find a way to maintain profits. Causing that employers started letting go employees creating unemployment which reached 10.1 percent, the largest percentage in U.S. economic history. This created even more crisis, receiving no money people could not pay their mortgage loans; and began massive loss of homes, reaching one millions of American families without homes. Returning to what create the economic crisis, I could say that, one way the government could help to improve the economy is; the government being the main provider and this can be reach; converting capitalist finance into nationalized government finance. (Moseley, 2009) the only way that all Americans can say the economy is recovering is: when searching for specialized jobs and not specialized jobs can find easily. Remain that way all the Americans can keep our homes and debts current, then economy will be established because there will be cash flow. And if the government takes control of the finances being the number one provider of services and products; will help make costs go down, like gasoline, etc. Because beloved our country and to keep our dreams and hopes alive. That’s what all the Americans expect or need to happen.

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