Unemployment Rate

Unemployment Rate… Now 9.2%??

Unemployment RateReading the news today, I found out that our unemployment rate in the U.S. has now risen to 9.2%. It seems unbelievable, but our unemployment rate has been above 9% for the past two years, and our economy is “in the red” about 2.5 million jobs during that time. And I believe that things will get worse before they get better.

There are so many different reasons for this, that’s it’s hard to get a handle on the real “why”. Some things we do know:

  • Our country’s debt burden is choking us to death
  • Government debt limit issues
  • Our government continues to overspend
  • We are still suffering from the real estate and mortgage problems from 2008 (I personally took a major hit here)
  • High gas prices (still)
  • Etc.

Of course, all of this brings down consumer confidence and nobody spends money, therefore companies don’t hire employees (and many lay off employees) and the economy doesn’t grow.

It’s sad to me to see that many people are just accepting this… they have sacrificed theirs and their family’s goals and dreams.

Our government wants to raise taxes. Tell me. Does that give you confidence? Does that make you feel great about things and want to run out and spend more money? I doubt it. In my opinion, this will make people barricade themselves in their homes and not spend a dime more than they have to… which will make things worse.

It’s sad to me to see that many people are just accepting this.

They are hunkering down and living like hermits until “the storm passes”. Well, it’s been over two years, and they have sacrificed theirs and their family’s goals and dreams.

…the system of abundance that we have always known (get a good job, get a good career, retire wealthy) is gone for the average person.

There is a very good possibility that this storm may never pass. It’s possible that things will never get back to the way they were. Does this mean that we are “doomed” or that we will never have an opportunity to have abundance again?

Of course not!

However, the system of abundance that we have always known (get a good job, get a good career, retire wealthy) is gone for the average person. I say “the average person” because there will always be superstar athletes, best selling authors, corporate CEOs and celebrities who hit it big.

But I would guess that you are not one of these or you wouldn’t be reading this blog post. For the average person like you and me, we must find another way. We must dust off our dreams and we must become entrepreneurs to start a new cycle of abundance. And once we do this, we must show others the way.

What do you think? Are you ready for a new dawn of abundance?

 

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