American Resilience will Turn Economy Around in 2009

Who will turn America around? Americans.

After the downturn in the current American economy, the willingness for Americans to depend on themselves is becoming stronger day by day. By next year, Americans will look to themselves to turn things around. Because of the prediction of an even worse economy expected for the second half of this year, people will snub their noses at higher-priced imports and cheaper, sometimes dangerous, products created abroad and start to look inwardly for cars and other everyday necessities.

And Americans are ready to work for it.

With the immigration levels remaining high and unemployment the highest it's been in years, America will have a labor force ready and willing to do things as cheaply as other sources of labor such as in India, China and Mexico, at least when you consider what you are getting for your money; the American worker. Making things in the United States will present an opportunity for companies to be held more accountable for making mistakes rather than trying to heap this burden upon import regulators who are overwhelmed by the amount of products coming into the country.

High gas prices will open the doors for Americans to start tapping energy sources on their own soil, such as oil opportunities (like oil shale) and coal opportunities. While it might not bode well for the American landscape in the short term, it will relieve the price of energy for years to come while Americans work on alternative sources of energy. The future of nuclear energy in the U.S. will be looked at once again as the cost of producing and maintaining a nuclear plant has been nearly cut in half over the past decade. Public sentiment will grow for finding the cheapest energy resource, setting aside some of the past fears about nuclear energy.

Some outsourced services such as computer support will be brought back to the U.S. as computer companies will be prepared to spend money on regional call centers rather than lose the confidence of an increasingly disenchanted public who are looking for folks on the other end of the phone who will speak their language and take personal responsibility for their computer issues.

After the lessons learned from this year's financial crisis, banks will begin to find safer ways to offer mortgages for lower and middle income families so they can purchase homes and futures. The housing market may not reach 2006/2007 levels, but it will recover enough to once again become part of the backbone of the American economy.

2009 will be the year America begins another amazing run.