Economic stability is defined as the financial system of a nation that displays only minor fluctuations in output growth and exhibits a consistently low inflation rate. Economic stability is usually seen as a desirable state for a developed country that is often encouraged by the policies and actions of its central bank. So with the increased homeless people being in Los Angeles nobody would start or want to place a business there because of the homeless situation creating low revenue. City officials need good revenue so the people in the community can live comfortably and have security to stay safe and off the street. I feel like a good economic stability would be helpful in Los Angeles. And if we have homeless people on the street we can’t accomplish this …show more content…
Some of the homeless people on the street have mental problems. For example, some homeless people talk to thin air and sometimes get into an argument with no one. They might even just get mad at normal civilians for no reason. This could be scary for most people because they may be walking with their children and it can be scary seeing homeless people get angry. The parent is going to be very protective and feel unsafe. I think that the local government needs to find a way to help these people. The government is very wasteful with tax pares money. They need to find a way to divert some funding to providing housing and medical care for these people. There should also be programs in place to help them get jobs and or job training. I think it could eventually help the local economy and bring revenue to Loa Angeles. In conclusion, we need to decrease the amount of homeless people on the street. So the community we might live in can have a clean, good economic stability, a decrease in crime rate and a safe environment for our