>> Interesting info about our US economy improvement as of today!
I know little about all this but I honestly agree that if interest levels on loans, mortgages, and even credit cards lowers down a bit it will motivate us as consumers to go out buy more and help out our economy. And if the
money-grubbing electricity companies also lowers their rates, it will benefit greatly all of the communities and also help the economy because the money saved by users will then be spent out shopping, etc, hence an economy improvement…
But sadly the gov is not doing a great job at regulating the interest rates levels, nor the private and gov companies outrageous fees. So LARGE PRIVATE COMPANIES GET TO DO WHATEVER THE HECK THEY WANT WITH THE CONSUMER’S OWN MONEY &… AND THE IRS IS THE BIGGEST THIEF AND EVIL OF ALL. I’m still waiting for a new home buyers tax bonus or incentive, but IRS pocketed my money and their advocates took all of our papers and records and then never returned our calls, or refunded us, but that’s another story….
And that’s how I see it, but I don’t think is just me, a small plain citizen, that is concerned about the U.S. economy and its approximating demise. Ok a bit dramatic. But we were in a 3rd depression not to long ago and are still barely getting getting out of it…
Reference>(Kitco News) – With U.S. corporations sitting on hefty levels of cash, and with consumer debt falling, U.S. economic growth potentially could be greater than expected, according to an economist at a research firm.
(A third-quarter business survey showed that businesses have $542 billion more cash on hand than they have invested….If all of that cash was invested in the fourth quarter of 2011, GDP would have risen 19.1%)
“Consumers are better positioned now to increase their consumption, and finally take advantage of low interest rates since the recovery began. For example, the unemployment rate has fallen from 9.1% in August 2011 to 8.3% in January 2012. At the same time, the initial claims level has strengthened dramatically, falling to a level not seen since 2008,” Rosen said in a research note related to the conference call.
“The key to inflation growth is income growth. If incomes increase, firms have the ability to pass on higher prices with minimal demand loss,” he said.
By Debbie Carlson of Kitco News firstname.lastname@example.org)
So my plead to government officials is basically to increase minimum salaries and employees income with market research comparison or whatever system and methodology they want to use. People can actually make that happen if they email their state Commissioners, write to them or call them and submit their request and petitions for whatever reasonable need, suggestion or request they may have.
Here is a link to the Florida Commissioner’s Contact Info: