How To Solve The Foreclosure Crisis

1091 Words3 Pages
bulb-icon

Recommended: Unemployment rates in the us essay

"How to solve the foreclosure crisis." BATTEN 1

Unemployment, it is all too common of a label in this day and age for the American society. In Joshua Cooper Ramo’s article, “Unemployment Nation,” he clearly states: “the government can’t hire everyone” and that there is a decrease in jobs nationally. Ramo’s article was published in the Spetember 21, 2009 TIME magazine and includes many personal tragedies that happened to real Americans who have lost their jobs and are unsuccessful in finding another employer. Many hardships are about to sweep over the United States with an increase in percentage of Americans who are jobless, but with unemployment on the rise, where or how can America create more stable jobs?

“But if we’re in a post hysteresis world, then just adding gas to the economy won’t be enough, and making cheap low-end jobs won’t deliver a workforce capable of sustaining competitive growth” (para 15). America cannot add jobs that will not provide any benefits in the future because then the same situation will arise down the road. No progress will be visible if in ten years the economy is in a worse state than it is now. Americans need to be able to compete with other countries or else fear being left behind while the other nations are coming out with innovative ideas and career development. For example, in Roshonda Crenshaw’s interview: “It used to be I could float from job to job, but after a year without one, I plan to switch to something ‘recession-proof’: nursing” (Ramo). Crenshaw has the right idea because in Ramo’s article, “the jobless rate is 9.7% nationally but lower in the South. Car-centric Detroit lags, but so does Charlotte, North Carolina, a banking town” (graph on page 31). Medical field stu...

... middle of paper ...

...g them a chance for renewal. This renewal will allow them to correct the path they are choosing for their life and the lives of their family members. Sometimes foreclosures are the case because of how uneducated the citizen was on the problem and they did not know where to turn nor had nowhere to turn for guidance. If the citizen does not willingly take the suggested course, I feel the government’s action should be to take everything away. I’m a firm believer in second chances, but in order to get the second chance, the citizen must be willing to put forth an effort. If the agreement is broken then consequences will follow. I will leave with a quote I hear quite frequently from one of my high school teachers, “You can’t get something for nothing.”

BATTEN 4

Work Cited

Ramo, Joshua Cooper. “Unemployment Nation.” TIME 21 Sept. 2009: 26-32.

Show More
Related

  • Campaign Strategy: Barack Obama vs Mitt Romney

    2114 Words  | 5 Pages

    A key to victory this November is the unemployment rate. According to a Bloomberg National Poll conducted in March 8-11, 42% of Americans consider unemployment and jobs as “the most important issue facing the country right now” (Priorities). Although there has been 24 consecutive months of private sector employment growth, the Federal Reserve suggests that the numbers could fade in the coming months. The importance of creating more jobs cannot be stressed enough. No President in the recent era has been reelected with the unemployment rate above 7.2% (Roth). To paint a picture, in late 1982, the unemployment rate topped 10.8 under Ronald Reagan. However, about 36 months later, the rate dropped to 7.2% percent. The drastic drop in the n...

    Read More

  • The Economic Policies of President Eisenhower

    1903 Words  | 4 Pages

    This problem must be dealt with immediately with strong action. I suggest implementing federal public works projects as a way of creating jobs without burdening the government with additional expenses. Ideas for these public works projects are: the construction of a Saint Lawrence Seaway, and an Interstate Highway System. This system would be a massive undertaking and would be one of the largest construction projects of all time, but it would create many jobs for Americans who are no longer employed by the war effort (Branyan and Larsen, 251). The Republican party has not been happy with the nation's economic policies for quite some time.

    Read More

  • America's Nursing Shortage Analysis

    1181 Words  | 3 Pages

    According to the Bureau of Labor Statistic’s Employment Projections 2012-2022 released in January 2014, the Registered Nursing workforce is the top occupation in terms of job growth through 2022. It is expected that the number of employed nurses will grow from 2.71 million in 2012 to 3.24 million in 2022, an increase of 526,800 or 19 percent. Growth will take place for a number of reasons: demand for health care services due to increasing life expectancy; chronic conditions, such as arthritis, dementia, diabetes, and obesity; and the number of individuals who have access to health services.

    Read More

  • Immigration Restrictions

    944 Words  | 2 Pages

    Unemployment of 7.3% has been a part of having illegal immigrants taking jobs of Americans. Many construction jobs and hardworking jobs are being taken from Americans because many immigrants are willing to do more work for less pay and this can truly affect the unemployment rate. Multiple occasions, in which, a citizen of the United States cannot find any jobs, having to start a new career, possibly having to move to where one can find a fertile econom...

    Read More

  • Moldistribution Of Health Care Personnel

    1132 Words  | 3 Pages

    Regardless of the best attempts of medical professionals and educators to increase the workforce over the past, shortages are anticipated in every health care profession. The estimated supply of workers fails to meet the need related with population growth and aging of the population. With the continuous necessity for medical services for the millions who are projected to sign up for Medicaid and the federal and state insurance exchanges, the labor force shortages could become devastating.

    Read More

  • Ideas To Help Solve The Foreclosure Crisis

    1035 Words  | 3 Pages

    I wonder if as a family opens the door to their new home, a place where they have holiday dinners, celebrate birthday parties or just are able to say “Home”, understands the importance of their investment. One of the most important investments in a person’s life is purchasing a home. Whether it’s a first-time home buyer or a veteran, buying a home is a complex process. Figuring out how much you can afford, learning your rights, shopping for loans, these are a few steps in the home buying process that when learned correctly, can produce a successful homeowner. Learning how to take care of something as special as a home takes time and effort from all those who are present in the home. As the country deals with the economy and the war, the last thing America needs is more homeless people and the rise of the crime rate. Two ideas I have come up with to help solve the foreclosure crisis is to add a investment course to the high school curriculum across America and insurance companies creating an insurance package that consolidates home and auto insurance at an income base rate.

    Read More

  • Sociology of the Workplace

    917 Words  | 2 Pages

    The structural-functional analysis of jobs in the U.S. is governed by the workforce stratification and technology. The more educated and diverse a society is the better society’s job market is served. This social economic separation of class has been both good and bad for society. Many workers at the lower levels of employment are both pleased and displeased with many aspects of work. Though this fact also holds true with most any job at any level, pay scale often compensates for endurance of a particular job type. The security of a person’s job also is an issue that in today’s economic times forces one to be prepared for change. This is to say that even if one’s field of expertise is needed today it may not be tomorrow. This type of ever-changing job market leads many to believe that another socio-economic change may occur at any time. This change was apparent with the transition into the industrial age and again in the information age. These concerns caused stress, various health issues, a...

    Read More

  • Negative Essay: Robots: Taking Over Humans Jobs

    2379 Words  | 5 Pages

    A 2014 Oxford study found that the number of U.S. workers shifting into new industries has been strikingly small: In 2010, only 0.5 percent of the labor force was employed in industries that did not exist in 2000. The discussion about humans, machines and work tends to be a discussion about some undetermined point in the far future. But it is time to face reality. The future is now. (UPI Top

    Read More

  • Macroeconomics Of Unemployment

    1238 Words  | 3 Pages

    There are a multitudinous number of both economic and social difficulties associated with unemployment. One fundamental reason why the government particularly stresses on reducing unemployment levels is as a result it poses a great cost on the economy. Not only does it affect the economy, but also it poses a great threat towards the living standards of the unemployed people itself. This could lead to many receiving less or no income based on whether or not they receive unemployment welfare benefits from the government. Reduction in income, would lead to a less disposable inc...

    Read More

  • Different Types of Unemployment

    1050 Words  | 3 Pages

    People need money to purchase all kinds of goods and services they needed every day and sometimes, for goods or services they desire to own. To fulfill that, they have the essential need to earn money. In order to earn money, they must work in either in fields related to their interests or to their qualifications. However, people will meet different challenges during their jobs-hunting sessions, such as many candidates competing for a job vacancy; salaries offered are lower than expected salaries and economic crisis or down which causes unemployment. Unemployment is what we will be looking into in this report. Dwidedi (2010) stated that unemployment is defined as not much job vacancies are available to fulfill the amount of people who want to work and can work according to the current pay they can get for a job they chose to work as. There are four major types of unemployment: frictional, structural, cyclical and seasonal unemployment.

    Read More

  • Effects Of Long Term Unemployment

    824 Words  | 2 Pages

    Unemployment occurs when individuals that are essentially looking for services or jobs of any kind of work imaginable, but unfortunately is not able to find any type of work. Searching for a job seems very unsuccessful and difficult at times when you don’t know what direction to go. A lot of different experience workers would like to labor if they were giving the opportunity of a full time job but if your skills are outdated or even a part time job with great benefits it’s just the economy is lacking job chances. Uncertainty if there were more effectiveness and jobs to offer the world would be in a better tax position, because the more jobs the world would have the more of the taxes the government would have.

    Read More

  • Cause and Effect Essay: Unemployment

    665 Words  | 2 Pages

    The most common causes of unemployment are getting fired and layed off for specific reasons. People might get layed off if a company is going out of business or maybe if there are positions in the company that are no longer needed. It’s difficult to find a job right away after being fired. Companies don’t want to hire someone who has just been fired for reasons such as failure to do a sufficient job, not showing up to work, stealing, etc. It’s also hard to find a job instantly after being layed off. In some cases the economy is down and it is hard to find any work in general.

    Read More

  • Employment Deficit Essay

    2017 Words  | 5 Pages

    The nation is in the grips of an employment deficit that has crippled the overall growth of the economy. While the effects of the Great Recession are starting to balance out, he overall job creation are still not where they need to be. Businesses, both small and big alike, have taken massive losses that resulted in several loss of jobs and workers who have saturated the unemployment lines from coast to coast. Highly skilled and qualified workers with several years of schooling and job training are having difficulty searching and attaining a well paying job. The amount of unemployed workers has steadily increased with only a fraction of the job growth being reported. It is not a wonder why the level of quality of workers is decreasing. The workers

    Read More

  • Argumentative Essay On Unemployment

    518 Words  | 2 Pages

    In December 2007, the United States of America experienced a very scarce yet appealing setback. In fact, because of this specific dilemma between 200,000 and 500,000 were left unemployed and without a stable home. The national Bureau of the Economic research defined this nationwide downfall as “The great recession”. According to the U.S Bureau of labor statistics the unemployment rate has not made a drastic improvement since the start of the great recession. Unemployment has become that is still rising today with a slow rate of change. Unemployment is usually expressed as a number or as a percentage of a larger number. Although it has been ambiguous who has to be included in the percentage, there are members of society without a job, for whom it is certain that should not be added. Officially the unemployed are the people who are registered with the government as willing to work and able to work at a going wage rate but can’t find suitable employment despite an active search for work. In the article “why long-time employment can’t get back on track”, the author begins speaking on a ...

    Read More

  • Unemployment and Underemployment in America

    1297 Words  | 3 Pages

    Unfortunately, there are many Americans out of work in today’s current declining economy. Unemployment can be defined as a person who is out of work involuntary, not by choice. These people are looking jobs and available to start work. Being unemployed can be disheartening and deciding what the next step is can be challenging. Underemployed can be described as being inadequately employed, such as a low-paying job that requires fewer skills than one possess. (Daly, Hobijn, and Kwok 2015) Making ends meet can be difficult for one who has been affected by this economy over the past few years. America still has a high unemployment rate since the decline of the current job market. And many Americans are struggling to establish the skills needed for employment, or the underemployed are force to lower they skill to make a profit. America’s economic status has force the underemployed and unemployed to make ends meet with the current jobs available. And last but not least some have also utilized these difficult times to venture into new discoveries to make life hassle free. So, we wonder is Americans giving up in today’s economy or do they settle for lower end job to establish a steady income to make ends.

    Read More

More about How To Solve The Foreclosure Crisis

Open Document