Friday, September 16, 2011

Our Nation and Economics

With the political debates well on their way, our nation's ten year anniversary of the 9/11 attacks honored, the official ending of the war, and, of course, the return of the NFL, life would seem pretty good right now for the American public. Well, life is almost pretty good. Let's not forget the difficult economy, the lack of jobs for the middle class, and social security's struggling financial problems for the baby boomer generation. There is a solution to all of this and it doesn't have to wait until the 2012 election where the nation determines its leader for the next four years. It's called saving. When we were kids we understood this principle with ease. We were never reminded that we had to put our quarters in our personal piggy bank in order to save up for the new Batman toy or Barbie doll. Even at such a young age we learned to be economically efficient. We saw what we wanted, we saved the money to achieve it, and we got it when we earned it. Now is the time, more than ever, that we must go back to our roots of saving money when possible.

The new jobs bill that President Obama has presented to Congress is a great start to a bill to get the ball rolling for a struggling economy, however, every time I hear our President declare the cost of this operation I shiver. $447 billion dollars to create jobs and tax cuts. Certainly not your average amount in a child's piggy bank. So what's the best strategy for creating jobs, lessening our national debt, and moving forward out of economic difficulties? Save. It's a simple idea but people need to realize the power it holds. It's often speculated that big corporations are fixing policy to provide for their own selfish demands. Aha! So there's thought to be a correlation between money and power? So if we have money we gain more power? Well, if this is true, then why wouldn't we want to hold onto our money instead of throwing it away? Save, save, save.

As the 2012 elections approach I believe it's important that we keep in mind the candidates' strategy to reducing costs, saving money, and still being able to produce the same results. Now the results will never be free of charge because we all know nothing is free and the money has to flow from somewhere; but if we are able to reduce the need for our government funding then perhaps our economy would be on its way to a better future. Many nations around the world are struggling to make sense of down economies but these issues can be solved with a basic understanding of what the term "economical" means. America needs to be more economical with its money.