The global economy suffered a recession, which started in 2007 and apparently ended in 2009. Unfortunately, the debt problems in Europe with countries like Spain and Italy, the world fears that a double dip recession might be on its way. We have seen the world markets jump up and down on any source of information. We have seen the prices of gold sky rocket, and even though the credit rating of the United States was downgraded by S&P, investors are still running to the safe haven bond markets with their money. The Federal Reserve Bank has already stated that they do not plan on raising interest rates for another two years. This indicates that they do not foresee any significant growth in the United States for the next two years. The number of people who are unemployed is also not dropping. The unemployment rate is still hovering around 9% as a national rate, and is higher is some parts of the country. The political parties in the United States both have their own idea of how to spur growth, but there is no secret. We need to raise revenue, while cutting spending. It must be a combination of the two, and not just one or the other. One thing that is surprise is that we need both small and large businesses to create jobs. For every small business that does well, it has the possibility to create anywhere from ten to one hundred new jobs. This number is even bigger for large corporations. One industry that has started to form its roots is the pulse oximeter industry. Just a few years ago, it was tracking along slowly in the shadows of other medical devices, but that is not the case anymore. It has grown to become a behemoth in the medical device industry. More and more companies are in the race for sales, which has brought the price of products down. Fortunately, there still are plenty of companies out there that provide high quality products at competitive prices. A pulse oximeter, also known as a pulse ox, is a medical device used to measure the blood oxygen saturation and pulse rate of an individual. A pulse oximeter is widely used in the medical field, athletics, pilots, and rock climbers, just to name a few. It has proven very valuable to individuals at home. For this reason, companies and industries for products like a pulse oximeter, help boost the economy in tough times like today.
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