Wednesday, May 21, 2008

The effects of our economy and power

Saipan, an island paradise where sunsets shown as the begin set, lush green plants roam the island and where many friendly people live. Or is it? an island where there many power outages, high gas prices, high interest rates and many other problems roam about the island. Because of this problems, many people in the island are suffering and I am one of those people including my family.
As I remembered, since the Fed came to our island, a lot of changes were made. In the past, everything was ok, every was everything was stable. But as time passes by, start to change and it gets worse. Everything began to slow down and because of that, there many unemployed(very hard to find jobs right now), many contract workers are complaining about their minimum wages, people are leaving the island and not much tourists are coming in. Without the people or worker then some businesses would close down, the causes of that is because the businesses don't have enough money to pay their workers because of the taxes. Another thing is that there not much tourist are coming. Well there are a lot of reasons why not much tourist coming to Saipan. Here are some: There is said to be that there locals stealing from tourists, making the tourists scared to come here. Also, since interest rates gone up, they would not spend much money here. Tourists not the only problem, there still many more in Saipan.



There many problems here, and one I thought of is power outages. Since the gas prices gone up, there many power outages now a days suffering many people. Electricity is the most important every day necessities and now it is very expensive. People now try to save power by using light bulbs that uses up little power, turn off or unplug lights or objects that are not used, use solar power or generator. Without power, how can we turn on the lights when ever we need, use computers to do projects for students and especially big businesses who needs power and will spend a lot of money. As June 9 approaches, I wonder what will be the gas prices and what will happen to Saipan when the Fed take over.


As we all know that our economy bad and makes us people suffer. People are trying their best to make a living here in Saipan. They try to save money to save them selves and their families. Just hope it would not get any worse and hope for our economy to improve once more.

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