Story by Superior Auto Institute / www.nodents.com
During the last quarter of this year the economy started to shift into a high making the recession dimmer and our future’s brighter but some are in still pondering if the economy will actually lead us in a positive direction or if we will all be forced into extreme need of government assistance.
Through-out the recession, the Federal Reserve presented American’s with a zero percent interest rate which in turn helped the economy shift back in control a small amount. Now the economy appears to be heading on a straight path. Federal Reserve policymakers have brought this rate up to 0.25 percent, keeping it very low so that it will lure consumers into buying more and ultimately help the economy turn more for the positive.
With the economy gaining a diminutive amount of control during last quarter, home sales increased, stocks gained more consistency and even industries are beginning to pull out of the funk. Now though, even with all three huge factors helping re-growth in the economy, two major factors still exist which doesn’t mark well for any economic turnaround. Consumer spending and unemployment, without them the economy cannot run which in turn brings another recession like the one American’s are trying to get out of. Even though the economy has gained some control it is not enough control to keep it sustainable which means in the long run it will fail again without unemployment rates dropping and American’s spending more money.
The Real Estate market has also helped to bring the economy back down a little forcing us back into a potential recession. Many American’s are noticing that their mortgage payments are not even worth the value of their homes, several are choosing to leave their homes to the bank which in turn leads other’s to decide not to buy a house at all. The Federal Reserve reported in a meeting last September that they were opting for a key program which pushed mortgage rates down and provide some support in the housing market.
With the Federal Reserve decreasing rates to better help the economy, analysts start to look at how long these rates will hold; many are sure that the Feds will start to raise rates by the summer of next year as long as the recovery is still in the positive.
Even when the Feds do raise the rates, unemployment will still be high; it is expected to reach an all time high of 10.5 percent by next year. So in the end, it doesn’t matter how sugar coated the Feds deliver it, the economy needs employment and that’s the bottom line. Without unemployment dropping we will not be able to climb fully out of this recession and we will always have at least one foot planted firmly in it.
If the government is not going to do more to supply jobs then why not help yourself? Learn a new trade that will take you into a future of financial freedom, doing something you love and working with cars. Why not try Paintless Dent Repair? Paintless Dent Repair is an up and coming reconditioning service used on vehicles. Dents and Dings are pulled from the exterior of vehicles by the art known as glue-pulling as long as the paint hasn’t been penetrated.
Paintless Dent Repair is easy to do and you could make up to $70,000 a year just pulling dents from cars. You could learn the trade in as little as two weeks and have your own business up and going one to two weeks after that.
With financial freedom on every American’s mind, why not get yours today?
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