The worst of economic recession is gone from US economy but on one front things are going from bas to worse indeed. There is no sign of new job creation that would help the people. If jobs are not created then naturally people would suffer and it will bring perhaps another recession because American economy is based on consumerism. If people do not have jobs then how they can buy products and services.
Is there a good way for this? Well, I don’t think that there is. US economy is in a mess. It is not good for anybody but I don’t see any good effort from anyone in this regard. Creating employment is not done by private companies as they have to think of their shareholders. US government injected a lot of money last year and it gave some good result. I guess that in 2010, US government will need to inject again a lot of money for job creation.
