Recent Gas prices and the Stock Market Crash

Recent Gas Prices and Stock Market Crash
With recent gas prices finally going down, it confuses me on why the market is still doing so poorly. You would think with gas prices finally coming down people would have more money to spend out in the economy. Technically the answer to that question is yes and no. Some people do have more money to spend now but what about the others that spent all of theirs due to gas prices and the stock market crashing? This has to make you think, will the market ever come back up and will we ever get out of this recession?
The definition of recession is an extended decline in general business activity, typically
two consecutive quarters of falling real gross national product. The last time America went into a recession caused the U.S. to go into a depression, formerly known as the Great Depression during the 1930’s. But what can we learn from our countries faults in the past and how can we get out of it? The answer is not to stop all spending and start to give out food stamps to every American family. The answer is to create more jobs and more opportunities for families to earn more money. When America was founded and was thriving it was given the name, The Land of Opportunity by many people all around the world. It was called this because people from around the world would come to the United States for a new beginning and to start a new life. Starting this new life would mean either starting up their own business and making money or getting a job with another business that had already been started up.
Yes, the economy has a ton of jobs, but how would creating more jobs for people in the U.S. help solve this dire problem we have on our hands? Creating more jobs means more opportunities for people to earn money and to support their families. Bringing in more money to the family means more money to spend in the economy, and if you have a vehicle, you have more money to spend on gas. Doing this will bring more money into the economy. Bringing in more money to the economy means rates go down and the market goes up in value. But with recent gas prices how can we fix that problem? That answer is actually very simple.
Off shore drilling is one of Americas most needed resources to run our economy. If that’s the case then why aren’t we drilling off the shores of Alaska or in recent discoveries, off the coast of North Carolina? Recently the mayor of Charlotte, NC, Mayor Pat McCrory claims if elected Governor he will push for Congress to start off shore drilling off the coast of North Carolina. But how long would we have to wait for Congress to actually put this plan in action if it goes through. Regardless of how long it takes however, gas prices should go down even more than they have recently. With America drilling off shore means we become less dependent on other countries resources to help run our own country.
In final thought, doing all of this could just in fact, one, lower gas prices, and two bring our economy back up and out of this recession we are currently going through. We not only need to look at our countries past failures and remember how they got out of it but to also look ahead and think of newer ways to get our economy back to the way it used to be. The way our ancestors use to remember it, the land of opportunity.