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Wednesday, November 14, 2007

The economy

Regarding the economy of the U.S., the president feels that we are in a great position, which is true in some areas but the exact opposite is true in others. The economic indicators that are traditionally used are saying that the amount of jobs in the U.S. is stable if not growing, what these indicators are not saying is a fact of live for many which is the jobs being created are needed jobs but at the same time jobs with lower wages than those that had been lost due to factors like 9/11 and outsourcing jobs to other countries.

in areas where the cost of living is high such as the Northeast and parts of California, this creates a problem for families due to the fact that these lower paying jobs may not pay enough to support ones family at the current cost of living in a specific region forcing the parents to have multiple jobs to stay afloat.

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