Reading reaction journal 3

Dickler. J November 10, 2009 “Job openings rise, but hiring still weak” Retrieved November, 10, 2009 from
http://money.cnn.com/2009/11/10/news/economy/job_openings/index.htm
Summary:
A lot of global economists think that the recession may be ending. But 15.7 million people still cannot find a job. The government of America shows a report that unemployment rate rose above 10%. In this report shows that a lot of companies still not recruit new employees because economical still not restore in America. They are waiting for economical restore. But some companies still recruit new employments. These companies are a wish in this time of high unemployment rare for the unemployed because they solution some problems about unemployment rare and keep their live.
Reaction:
In the time of high unemployment rare, the government of America has to make a bill to help the unemployed. I think that we have to increase consume in market of consumption. If we increase consume, the companies will increase yield. When companies increase yields, they must recruit some new employees. In this way, a lot of people will get a job, also can reduce unemployment rate. In another way, the government can supper some money for companies, for example, the government can supper $1000 for each new employees to one or two years (only for new employees). We can use this pattern to improve economic and reduce unemployment rate to reach objective of economic reinstate.

RRJ2

Reading reaction journal 2
Reference:

Christie.L November, 6, 2009 “$8,000 homebuyers tax credit extended”. Retrieved November, 10, 2009 from
http://money.cnn.com/2009/11/06/real_estate/tax_credit_extended/index.htm

Summary:
President Obama promotes a bill to help the market of home. There are four functions can get 8,000 credit in buyer’s tax. The some Legislators and industry agree this bill. This bill is already reaction achievement on the market of home.
The S&P/Case-Shiller Home Price Index has litter grow last month. But someone thinks that the bill is interim procedures for help market of home because not all people buy house because of the tax advantage. But the housing industry also pleased that this bill will improve the market of home.
Reaction:
This is a good a bill for first one of buyer. This bill has some advantages. One of the advantages is tax. Most homebuyers do not have more money to buy their first house. This bill can help them save some money about 7000 to 8000. Second one of the advantages is stimulate consumption in housing market. The housing market of consumption is not good in the last few years. A lot of companies of home and extend credit’s stock price from high price to low price, for example FRE, FNM. They used to have high stock price in the last few years. But now their stock price is low.
In this way, one can see the government of the America want to save the market of home. I think that the companies of home and extend credit will get a lot of yield when this bill successful.