There are few who have not felt the cold hands around their neck cause by the crisis. With the Stimulus, many Americans were able to get out of the rut they were in and continue with what they were doing. Other companies wasted the stimulus money given and have paid the price of bankruptcy or closing their doors. Some ways which the stimulus is helping the economy is:
1. Employment- Many can argue that this has not helped with the stimulus, but only in few firms. There have been many companies which the stimulus helped instead of speeding up the pink slip to come to employees. When the company invested the stimulus wisely, they have had success. There were many which simply thought it as free cash to do as will with. There are times which there is no hope for increasing the employment in some countries. Businesses that are greedy are not having a chance to recover.
2. Finances- In business and personal fields. Small businesses were helped extremely by the stimulus. Big businesses who invested their stimulus wisely, benefited financially from it. Your finances, when perfectly planned, can be monitored. With the stimulus, many people were able to get the debts that they have occurred paid off and get one step closer from becoming debt free. When you limit the spending of frivolous things, you can see the change of the money that is left at the end of the month.
3. New Innovations- With new programs being instituted to help those who have been victim of the crisis, it has also brought on new innovations in saving the planet. This is through thinking green and having less pollution spending in the world. With thinking ahead in the world, there is a chance that people can save a lot of money. Thinking of the health of the planet will help the health of our finances.
There are many arguments that the stimulus has only hurt the economy of America. With these arguments comes much debate to whether or not it will truly repair the crumbling economy. With every stimulus there have been in history, the economy has always been helped. The crisis in America hurt the entire world and it is going to take time to repair it all. With the many new programs coming out, there is a chance of fast recovery. This resides in the hands of many to make the sacrifices they need to repair what has been lost.
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