• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

The economy is in trouble

Extracts from this document...


LaRay Silz November 28, 2008 Week 5 Persuasive Essay Rough Draft The Economy is in Trouble The economy is getting so bad in the United States that everyone is starting to notice it. From gas prices to business, the changes are becoming more and more noticeable to all kinds of people. People are constantly talking about it everyday. There are rumors that there will be a so called "civil war" between all people who will be robbing and stealing trying to survive and feed their families. Our government needs to really start making some changes for our economy or this world will be in a lot of trouble. ...read more.


Due to recent surveys, as much as 95 percent of small business owners are feeling like their business is being challenged. They are seeing things like "decreased amount of sales, less access to credit, health care costs and rising gas prices."( Hudson Valley Business Journal ) According to many small business owners, they are doing things like reducing expenses, cutting back on staff, decreasing business travel, minimizing marketing efforts, and many aren't giving bonuses and/or raises anymore. They are looking at ways they can "increase efficiency from valued employees, and increase productivity in any possible way, often through new technology".( Hudson Valley Business Journal) More than 55 percent of small business owners that were surveyed by the Hudson Valley Business Journal reported their own personal business as being "down"( Hudson Valley Business Journal). ...read more.


A record 86-day streak of falling pump prices ended Friday, with the national average for a gallon of regular gasoline at $1.656. Prices edged up to $1.66 on Saturday and hovered there the past couple of days, the Oil Price Information Service says. (USA Today) The economy falling so fast is a very scary thing. All we can do is just live as carefully and wisely as we can because if the economy continues in this direction, it won't be long before we have a world wide crisis that will be impossible to correct. Oil prices, gas prices, and small businesses are real proof that we are in trouble with the economy. Most people have cut back on all the unnecessary spending fearing that the worst might happen. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our University Degree Political & International Economics section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related University Degree Political & International Economics essays

  1. Business Environments - Oil Price Development and the Consequences for the Economy.

    This advantage may also guarantee the same standard of living even with an upward trend of the oil price (Begg, 2009). In the long run the costs for oil price uncertainty are very difficult to handle for oil producing countries.

  2. HSBC and the Argentine Peso Crisis

    a total of $9.8 billion * Economic Growth (since 2003, at a 9% rate) INTERNAL STRENGTHS (HSBC - Argentina) * Starting in 2003 the HSBC started making profits * HSBC is a Multinational Company with Experience in Foreign Investment * Qualified Entity for advisement on factors of International Business *

  1. UK Economy

    across a large geographical area. Language in Europe is a huge barrier to labor force mobility. This may lead to pockets of deeply depressed areas in which people cannot find work and areas where the economy flourishes and wages increase.

  2. Globalisation good or bad.

    They found that world inequality increased steadily between 1820 and 1980 - the gap between the typical person's income and the average widened from around 40% to around 80% - but that between 1980 and 1992, inequality fell a little.

  1. SARS: Impact on China's Economy.

    The accurate and timely information on SARS facilitates rational thinking and actions. Severe health measures must be taken to contain the disease. The expansionary fiscal and monetary policy will persist to mitigate the impact of SARS and promote the growth of China's economy.

  2. Corporate and/or National Cultures.

    Then there was Ming, founded by an ambitious monk who had prominent leadership talent but lacked formal education and interest of promoting development of his country and people, looked inward and focused solely on consolidating the emperors' power. In Ming China started to recede while Europe was experiencing its Renaissance

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work