Is the White House Helping the Economy?

Barack Obama has had a lot on his plate lately. The fears of swine flu and the conflicts going on in Afghanistan and Iraq is enough to keep any President and his staff busy. We also seen a spike in oil prices lately and there is energy concerns facing our nation right now. Former President Jimmy Carter even made a trip to Washington, D.C. to point out his energy concerns for our country. Mr. Carter went on to say that it’s the number 1 problem in our country right now and that all eyes should be focused on the energy crisis we may be in store for soon. None of these problems can get fix if we collapse from an economical standpoint and this is something the White House will have to solve soon.

Typically it can take 6 months for new jobs to start appearing after a recession has ocurred. I don’t think many families can wait that long and perhaps a stimulus check for the summer would help most American households. These checks should go out in late June and the month of July, so families can take advantage of it before school starts back for the kids. I believe releasing these checks this summer will be a big help and each household in America should get $500. This will be enough to buy us some time, as we wait for new jobs to start appearing in the final months of 2009. The White House has the power to aid in the financial crisis and let’s hope they act now before families start losing their homes.