Global Sluggishness Will Slow US Recovery Essay Example | Topics and Well Written Essays - 750 words - 1

Global Sluggishness Will Slow US recuperation - Essay ExampleWhen I was layoff like many other American workers who have been victims of massive layoffs all in all across the nation I felt very nervous about the financial well organism of me and my family. In the past, I felt the government was never there for me, solely the new democratic government activity seems to really care about my needs. The fiscal policies of the government are including the proactive measure to help comfort our problems. For example, as I was receiving unemployment benefits I received a letter from the government that my benefits had been extended by an scanty 20 weeks which raised the overall total potential timeline to 59 weeks. Those extra weeks sure provided me with much involve financial relief. A friend told me that I am tone ending to be receiving some extra hard currency reimbursement from the government after I file my tax returns which were an initiative approved by Obama as situation of the stimulus economic package.The money the government spent to help the economy were very large figures which tout ensemble surpassed the trillion dollar mark. It was sure a lot of money, but the catastrophic economic situation confirm the decision. First of the banking industry was given over $700 billion dollars. I first I thought that the banks that many times deny you a loan now wants us to give them some free money, but when my familiar called me to inform me that his second mortgage loan had been denied I knew that the government needs to do something. My brother always pays his bills on time and he has a good steady job. I was actually going to be the beneficiary of a part-time job from that mortgage loan transaction since his plans were to renovate the home. The chief operating officer of Unity Bank, James A. Hughes said The capital raised under the Treasury program.