Has the federal Stimulus plan help produce new jobs ?

       According to experts, the federal stimulus plan has not helped as projected the federal stimulus plan was a plan developed by the government to help boost the economy. It is a process where the federal government provided funds for the ailing economy to help jump start many business. This was an attempt to prevent companies from folding up and filling bankruptcy. The to help boost businesses really did helped businesses like Citi bank, Chase bank, Washington mutual and other financial firms. Evidently most businesses benefited from the federal stimulus plan because they were able to use the federal funds to do businesses, since investors were afraid of the stock market situation and they tend to sell their stock and hardly no one is buying any stocks the this is where the federal stimulus plan came handy for most businesses; especially for the financial firm, they seem to be on the higher risk level as compared to other businesses therefore many investors ran away from them.
          In fact many believed the unemployment rate has gone over the digits that were projected. Today Friday June 04 2010 the report about employment has confirmed that many jobs were added for the month of May. President Obama viewed this as a confirmation that the economy is getting stronger, our questions are, is this true, how long will this job last, are they temporary jobs or not?. In other to get more fact we did further research and below are our findings.
       According to MSNBC “some 431,000 jobs were added for the month. But almost all of them were temporary Census Department jobs that will last for only a few weeks or months. Private sector employers added just 41,000 net new workers to their payrolls in May. Payroll gains were revised downward for March and April by a combined 22,000". This allowed us to agree with MSNBC that most jobs will have to come from private owned sectors. We also believed that what will help the economy is for banks to be very flexible with lending money to small business owners, entrepreneurs, big businesses that has solid business foundation to guarantee company expansion, from the expansion will come many jobs. The federal government should also have some regulations to prevent united based product manufacturing companies from moving overseas, many companies like Jordan shoes, Nike shoes, silver wares manufacturers and mainly every product in united states are made from China, Mexico or Japan, all this labels of outside manufacturer are labels that signifies the job that we have lost to other nations. The above approach will be a good solution to the unemployment problem, as many people are becoming unemployed and no new jobs are created. We have studied cases of increase in unemployment to the rate of crimes committed, what we found is that it is related in the sense that, the higher the number of unemployment the high the crimes.