Just to start off, there is no way that I want to sound like a pretentious prick while writing any of this. I don't know any statistics, or percentages about this economic “crisis” that the United States is currently in. What I do know is that we are in a recession right now, with people out of work, companies going bankrupt, and people losing there homes. In fact, I know someone who has worked their entire life, and with just a couple months left on their mortgage to own their house, they were foreclosed on and lost the house they had almost completely paid off. Situations like this are not uncommon at this point in the United States, and there has to be a ways to get around people suffering from financial deficits.
One way that I believe could provide a solution for this economic crisis is by strengthening the international communications. The United States has numerous companies and corporations that not only exist domestically here, but also have headquarters in other countries. By giving communication a more important role in how these companies interact, it might be a more reliable way to run a business and keep knowledge of exactly what is happening with the country all around the world. Understanding where the company does the best business, where it make the most sense to place a headquarters, and by constantly looking for ways to improve the way a business is run could make a positive impact in this time of recession.
This crisis has not only caused companies to lose money (and shut down in some cases), but it has also caused havoc on people's everyday personal lives. Jobs got cut, and are still being cut. The working class saw the number of jobs dwindling, and the number of unemployed rise. The logical thing that seems like it would solve this problem of people losing their jobs is to create more jobs. There are programs put together by the government and programs put together at the local community level that are putting people back into the job world. While creating jobs would be a logical solution to the crisis, with the amount of people that are out of work not voluntarily, there would have to be a mass amount of jobs created. This would be the difficult part. These jobs that could be created might help rebuild communities and houses, they might be strategical and mathematical jobs to figure out ways for companies to get back on track, they could be farming and agricultural jobs, infrastructure...the possibilities are endless.
My grandmother has always told stories with little pieces of advice woven into them. One of the common pieces of advice that she has offered was to “live within your means”. This could be another way to come to a solution for the economic crisis. Some people are buying into a luxurious life that they cannot financially support. This lifestyle might work for a little bit, but in some cases things like mortgages get too expensive to afford because of the niceness of the house, or their expensive car would be repossessed for failed car payment. This goes into credit card debt as well. If people in the United States would live within what they could afford, then this would lead to a more stable economic state.
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