Agoracom Blog

Only 58% Of Americans Have A Job Today … What It Will Take To Fix It

Posted by AGORACOM at 2:03 AM on Thursday, October 13th, 2011

Until this trend changes, the US economy is moving closer to 1960 than 2000.  What will it take to turn this trend around? A combination of the following:

  • Banks need to start lending to small business
  • Corporations need to start spending some of their cash
  • Congress needs to provide fiscal stimulus that focuses on small business and large infrastructure
  • Congress and / or the Fed need to unclog the real estate market = incentives for banks and borrowers to take their medicine and finally part with dead real estate

Click on image to be taken to full story at Business Insider

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