6 Strains On Your Financial Future

whay doesnt the goverment say what they really mean. That we are all pretty much going to work till we die. If we're lucky enough to be able to do that, because our economy is basically a train wreck and there is no help for any of us when we reach retirement age. If we even make it that far.

Rebecca Bamford of PA 12:22AM July 22, 2010

In the name of cheap foreign labor, huge number of expatriates are employed by corporations under H-1 visa when citizens and permanent residents are not either finding job or losing jobs everyday. This effects employment data, spending and individual savings. On the contrary unemployment benefits, medicaid expenses, food stamp, Social Security relief etc. burden the national exchequer. Stock market zigzag playing does increase daily turnover, but shedding market cap. Government and the economists understand these well. Than why measures like framing a salary structure for corporations and hire citizens to whom government woe obligation. The amount the so-called cheap labor is paid can be paid to the local workforce. Labor dept. is far too lenient in allowing import of foreign labor without scrupulously exhausting the process of finding local staff. Profit of corporations is of course an issue but that can be taken a side when the question of national debt and over all economy is the biggest issue at this point of time. The bone of contention should be generation of employment and maintenance of national budget in control. Today the country is dependent on imported consumer goods and some day it will be dependent on imported educated workforce. If unemployment persists our kids will not take higher education. Together with that, if retiring age in govt jobs increase just to delay the Social Security payments, there will not be hiring in govt departments which will result in further unemployment of college graduates.

Kashed Chowdhury of NY 1:40AM July 06, 2010

Uncle Sam is pouring billions into the economy through federal construction contracts and all the training you need is at gcexperts dot com website- advanced training available for selected experienced construction contractors. In fact, client companies were the only bidders on 4 of their last 5 contract awards. Google "Commercial Construction Magazine" subscribe and read the article, "Show me the Money" that starts on page 54.

Doug Reitmeyer of TX 11:08PM July 05, 2010

Starting a busines in a recession is like trying to put out a fire with gasoline! Won't say it isn't possible but it will be very tricky! The business sector is a very competitive arena! The competition is getting stronger every day and the business model of yesterday no longer applies today! I see more and more empty commercial buildings, more houses boarded up, more eating establishments closed,and just about any business or service you care to mention has closed or consolidated to reduce costs. Even hospitals have consolidated to curb costs and maximize profits leaving the once busy buildings set empty and boardered up.The manufacturing industries have been driven out of business by cheap foreign labor. Law suits have destroyed the balance of the manufacturing industries and frivolous law suits are the business persons biggest fear. Insurance premiums rise at an unsustainable rate of 4%/yr and taxes are right behind them! So the dream of owning a business and doing what you love and making a lot of money doing so can go from a dream to a nightmare at the speed of light, with one law suit or a competitor opening up business right next door! For business to thrive and prosper, we need to reign in the sharks of the legal field with tort reform! We need to put the tax man on a budget and make them see reality by not choking all the profits from the businesses in the form of new and increasrd tax rates or more businesses will fold along with the jobs, products and services they once served.

Lee Hansen of MI 8:03PM June 29, 2010