US unemployment extension package being extended to another 13 months is definitely a welcome sign, but with the dept of the nation hitting the roof, citizens fear that the situation will only worsen...
Los Angeles, CA (PRWEB) July 06, 2011
US congressional elections are around the corner and politicians throughout the US are gearing up to woo the voters. Little has changed from the day Obama took over as the president of US in 2008; Unemployment-Extension.Org reports show that the economy is still in turmoil, as real estate values continue touching new lows and unemployment rates still look grim.
Even though Obama’s administration took some stern action in cutting down the jobs being outsourced to countries like India, it did not bring any positive impact or boost the employment percentage; rather it only brought more hatred amongst the native towards immigrants. It seems like the current federal government is ignoring to fix the root cause of issues like unemployment and trying to provide temporary remedies like unemployment extension, which will be of no use in the long run.
US unemployment extension package being extended to another 13 months is definitely a welcome sign, but with the debt of the nation hitting the roof, citizens fear that the situation will only worsen as the unemployment extension packages are about to raise the debt of the country even further.
Experts at Unemployment-Extension.Org say that the reason for the rising percentages of unemployment throughout the US is not limited to just one or two reasons. Some of the experts agree to the fact the unemployment extension like these will be inevitable in the future until and unless the mindset of people towards work changes.
Unemployment-Extension.Org world research reports show Chinese and Indians willing ready to work all through the week without a break (unemployment extensions do not exist in these countries) and US businesses that are already suffering a huge loss simply cannot afford more money in the name of worker salary, this is the reason why some of the well known US products like the iPhone and Kindle are manufactured in China and not in the US.
"There is no denying the fact that US citizens have become more responsible than ever, but the competition for jobs is simply too tough which is the reason why the federal government has increased the unemployment extension further." Stated Mark Quinones, Founder of Unemployment-Extension.Org.
The government simply cannot fool people time and again with periodical unemployment extension, it should trust its own people and should take stringent measures to push all those companies to manufacture products in the US, rather allowing them to run only their administrative offices in the US according to Unemployment-Extension.Org.
Mark Quinones went on to add: "This is the time for the both the people and government of the US to wake up, or they are going to lose it to third world countries like China and India in the coming years"