Wednesday, May 6, 2020
A Nation s Economy Issues As A Whole - 1095 Words
ra Balic 62-35 81 Street Middle Village, NY 11379 15 December 2014 Representative Grace Meng 118-35 Queens Boulevard Suite 1610 Forest Hills, NY 11375 Phone: 718-445-7861 Dear Representative Grace Meng: The purpose of this letter is to briefly introduce our nationââ¬â¢s economy issues as a whole. I am asking for you to make revisions to the federal law to improve the conditions necessary for economic growth and job creation. Despite job gains, a strong stock market, and faster economic growth this year, many citizens are still concerned about the economy. This new policy I am asking you to enforce clarifies the Governmentââ¬â¢s views on the importance of economic growth through promoting development and condensing poverty. America canâ⬠¦show more contentâ⬠¦However, Americans are seeing their purchasing power rise while jobs come back thanks to falling oil prices. I believe that, yes unemployment continues to decline as long as you carefully ignore the calculation of millions of people who are in fact still unemployed. The fact that millions of people have given up all hope of finding employment and are no longer seeking, and that millions more are stuck in benefit-les s part-time jobs is no reason for Obama to be celebrating and expecting us to blindly celebrate along with him. The republicans need to continue to expose Obama s failed economic policies. Even with republican control of congress, Obama still has power to further damage the economy during his remaining time in office. 214,000 jobs are better than nothing but it is not an indication of the vigorous growth that this country desperately needs. Research shows that rising the number of workers in the economy helps increase growth. This would attract more professionals from other countries (i.e. doctors, engineers, scientists) who demand higher pay and have more money to spend. An example of why the US should change their actions toward immigration is from Holtz-Eakin: ââ¬Å"Weââ¬â¢ve never used it as a tool of economic policy,â⬠Holtz-Eakin (former head of the Congressional Budget Office) said. ââ¬Å"We can and should. If visas were increased for highly skilled foreigners and
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