US economy is recovering

Despite all the negative sayings about the US economy, the fact is that US economy is recovering.

It has taken many analysts who are doomsayers by surprise when they see that US has added nearly 100,000 every month from July to November 2011.

Granted that some jobs are temporary, such as the retail jobs to cope with the shoppers before the festive season, many jobs are here to stay.  Many new jobs are created in the manufacturing sector.

That means orders are coming in.  Where demand is great, the supply will follow.

It is good news for the workers in the country.

2012 will be a better year for the United States.

2012 is the Presidential election year.

Americans are by nature very optimistic people.  In fact, there are more optimistic people in the world.

Everyone has high hope that Americans will choose a good president to bring the nation to full recovery.

The stock market will reach a new high.  The positive mood and confidence will spread to the rest of the country.

Even people who do not invest in the stock market will have the confidence that money is rolling in, and they will not fear to spend.

The devaluing of US dollar, and the appreciation of China Yuan, over the years is part of the reason for the recovery in US economy.

The gap between a worker in US and a worker in China is closing, even though it is still a very wide gap.

Added to the cost of transporting the goods from China to US, the cost of China manufactured goods is no longer cheap.

It makes sense for the factories to hire US workers to make the products, and sell locally.

The number of jobs created over the past six months are likely to be on the low side.

The bosses are hesitated to hire more workers, even though the orders justified the hiring.

They do not want to go through the process of mass hiring, and then mass firing.

They are more likely to push the existing workforce to work longer hours.  If the growth is sustained, more jobs will be created.

2012 will see a better rate of jobs creation.

After that, the prospect of full employment recovery will depend on the directive of the new President, and the underlying infrastructure of US economy.

As long as the new President does not set stupid policy, the recovery will speed up.  US economic structure is robust enough to withstand a deep recession.

The recent recession teaches the people in US that nothing is for free.  Working smart and working hard are the keys to survival.

A few years of unemployment is fueling the desire in the people to work hard.  A few years of unemployment has reminded the people the good old values of working hard, saving money, and paying off debt.

Let us hope that the lessons learnt are not forgotten once the US economy reaches full employment.  It is a pity to suffer for a few years in mental agony, and monetary deficiency, and then forget the lessons once money is free flowing again.