What business trend do you think is having the biggest impact on the economy?

And for those who think (despite the news the recession ended in July…) that the economy is still in bad shape, how can this trend be put towards fixing things…OR is there a way to fix it?

Answer #1

Well, according to our governent, the answer to our financial woes is to go out and spend stupid amounts of money at christmas…. Im not convinced.

Answer #2

ROFLMAO, that’s not a new trend, that’s a seasonal issue :) And I agree, it’s definitely not a solution.

Answer #3

Our prime minister actually said it, almost in those words

Answer #4

That’s tragic :(

Answer #5

Short term fix, selling minerals and oils resources. Long term fix, the government and multiple million dollar corporations purchase reserves or mining sites, recruit your own people to work on these sites, pays these employees above the award wage…These employees then spend the money in their own country, buying everyday goods this boost the country’s economy as people are spending their hard earn cash.…This procedure was adopted by Western Australia, the booming economy benefited by clever decision making from both the government and corporations. They purchase mine sites, generated and open major projects across the country, hired only Western Australian people, when jobs availability out weight qualified staff, that is, staff shortage, the government and big players started recruiting more skilled employees from interstate and overseas.

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