Finance

US Financial Improvement

14 Comments 20 June 2011

Many would venture to say that the US economy has been on a downward spiral since President Clinton left office.  Many would say it was because of the wars.

I tend to think of these minor things:

  • The confusion caused by 9/11.
  • The housing bubble burst.
  • Job losses
  • Oil prices
  • Commodity price increases
  • Bank closures

Whether you completely agree with me or not, you have to believe some of these are our Achilles heel.  With that said, can any of this be repaired to put us back on our feet?  Would lowering the price of oil (gas) help kick start consumer spending to get the economy rolling?  Could stabilizing the housing market lighten the load for many to get their finances and credit in order?

That’s where I would start.  How about you?

Can the US financially get back on their feet?

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