Tuesday, August 7, 2012


America- Its major problems
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America which is a super power in the world is also having  burning problems like Immigration, Unemployment, Healthcare and Huge Deficit in the Budget. It has also badly effected the American Economy.
                                       We are also aware that economy is suffering very badly with Inflation and Unemployment. Besides that recession is still going on. However President Barack Obama said that some of the area like silicon valley is doing very well and it is coming out from the clouds of recession.
                                       We must  go analytically with the problems faced by American Economy and solution thereof if any. We are having election of President in the November 2012 and a Person  who  will be elected will have to face those major problems. Health Care, Immigration, Unemployment and very large financial deficit in the Budget are major issues. The most of the issues mentioned above are interrelated.
                                      Immigration is the very delicate and vital problem for the Economy.  America may be having only one advantage due to illegal immigrants i.e. Gets some cheap lebour. However they do not pay any Taxes, and they are direct burden on Health Care and Welfare. The American government is tightening the immigration law and its implementation in order to stop illegal immigrants. However in the process it is overlooked that America also required skill and Cream of the world in order to maintain  America ahead in world race. America is having the least number of foreign born skill immigrant  then Canada and Australia. It is not good sign for American Economic developments. Besides that  it cannot be ignored that highly educated skill immigrant have contributed lot in the American Economy. The foreign born highly educated Indian American Immigrants have contributed in 50% of new start up in America between the year of 1995- 2005. It has also created Employment of 450000. The One Million Skill Indian immigrants are there but their families are on temporary Visa. The present law does not permit their families to work. They cannot even start new ventures. Therefore immigration law is required to be rationalized in the best interest of America. In the case of  unskilled illegal immigrant workers who are having clean records can be accommodated which will give additional revenue in the form of taxes.  The Indian American immigrants are very highly educated and  they are considerably contributing in the American Economy. They are only1.5% of the population of America but 38% of that are Doctors,12% Scientist, 36% NASA, Scientist, 34% Working with Microsoft,28% Working with IBM,17% Intel and 13% with  ZAROX. These shows by modifying the immigration law America can get more Brains from allover world in order to prosper its Economy.
                                                  America will have to see that small Enterprises are encouraged to start manufacturing activities and with encouragement to start Service Center Once Again. It will transfer thousands of jobs from abroad to America. It will also reduce the unemployment Considerably. Besides that it will reduce the imports which will also help to reduce the financial deficit. The reduction in the administrative expenses can also reduce the deficit considerably. It is said that Obama Health Care law will cover the more then 90%of population of America including gradually decreasing the Health Care cost.
                                                America has to Economically go ahead in order to maintain its position  in the this Competitive World. Therefore above mentioned issues are to be tackled effectively
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