The US Economy Strength
The US economy strength has taken a beating lately due to the financial strain posed by shaky financial markets and the existence of troubled assets across many companies. In fact, the weight of these troubles continues to plague established financial institutions to such a degree that it might be quite a while before the tide turns.
The Treasury might have the authority to purchase troubled assets in an attempt to stem the downward spiral of the US economy, but that doesn’t mean that this strategy is going to be successful. The intentions of the “Emergency Economic Stabilization Act of 2008″ might be clear, but they do not come with a guarantee. What does this fact do for the American people? After all, in order to trust that the financial world will straighten itself out and the US economy strength will rebound, one has to have a certain element of faith. Faith in the system seems to be in short supply at the moment.
How many individuals are wondering if the US economy can rebound and gain back its once robust strength? How many companies and corporations is the US government going to have to bail out before the economy takes a turn for the better? These are all good questions that only time will tell.
Certain signs do exist that the US economy retains strength in some areas. In particular, according to the US Treasury, US exports grew over the last four quarters. In fact, the growth, which was boosted by a strong growth in global markets, reached 11 percent. Plus, core inflation remained constant or contained. According to the latest figures from the US Treasury, the consumer price index had risen 2.5 percent over the last twelve months if one excludes things such as the cost of energy and food.
Unfortunately, the US economy shows no strength when it comes to the area of employment. The number of paid workers decreased again in September, more than doubling the decrease that paid employment met with in August in the United States.
The primary goal of the “Emergency Economic Stabilization Act of 2008″ is that the package will infuse sufficient capital into troubled financial institutions to allow them to rebound effectively enough to circumvent the downward spiral that is currently going on. It is intended to provide a temporary boost that will help the economy to navigate around the negative drag of the housing market and its woes. This strategy is designed to encourage US economy strength that will far outmaneuver any negative consequences of the troubling financial situation currently facing businesses and corporations in the RS today.
The US government does not intend for the negative aftershocks of a slowing economy to linger. The goal is to have the stimulus package create new growth that increases the US economy’s strength, bringing it back to the robust financial level of better days. Indeed, the long-term growth of the US economy strength is as much a part of the picture as the short-term growth of the US economy strength.
Question about economy
how did the economy cycle work during the great depression?I am writing an essay on the economy cycle during the Great Depression and was wondering these things:
*Explain how the economy works as a cycle.
*Describe how both a flourishing and a failing economy follows a cycle.
*What types of events could cause a break in a successful economy, causing an economy to fail?
Response would be greatlly apriciated, thanks!
- Business
Made by Symmetric Web
Distributed by Smashing Magazine
18 Responses
Gee wonder why Health Care still has’nt been solved.
It's very hard during this time to find some strengths of the US economy. The unemployment and GDP are in the minus zone still. Only inflation rate is now in the pocket. But in the very near future, it is expected to jump due mainly to the printing of new money, the increasing gas price, the depreciation of the US dollars. The strength is for sure that the US possess the highest technology in the world. It needs only times to put in the right places, and the right times.The financial institutions are improving and the DOW is going up. The confidence is coming home.
Our economic policy is Nixonomics (Keynesian policy), so you can imagine that the result will be pretty much the same. I expect inflation (currently observed in prices for both housing and raw materials like oil and metals), and over the longer term, some weakening growth (recession). In the days of Gerald Ford, it was called stagflation. If we elect a responsible leadership that can control spending, we might be able to turn things around and forestall that slowdown, but sadly, I just don't see that happening. Very few politicians on either side of the aisle are talking about responsible spending these days. (OK, maybe they're talking about it, but they're sure not DOING it.)
Same reason they let other spooks into all other jobs….EOE and so that Puppet can take the HEAT while the Presidents of past enjoy easy living and golf and other protected life styles –while we as US citizens suffer…
Like I said USA will be owned by Foreign banks and then foreign Governments..trust me..Saudi Arabia alone owns our Fuel and second…China
decides to pull it’s wanted funds..It’s all over.
you are clearly retarded & should be banned from the interweb
Up 27%
The CBO said months ago the recession wil end in the latter part of 2009. WITOUT govt interference.
With it? Well.
Its not that the Canadian dollar has had a good run against the US dollar. TheUSD has fallen against pretty well all currencies. The canadian dollar is only slightly up against the Euro in the last year.
The big problem in the US is the trade deficit. Globalization and Chinaification have made the TD and balance of payments bigger and bigger each year. The only real way to improve the terms of trade is to:
1) import less
2) export more
3) a combo of 1 and 2
Besides in Canada we're about to have a revolution because the price discrepancies are so huge between the two countries, and the exchange makes it worse.
If obama pussy ass nigger see Dalai lama these days,China will invite Bin laden for working together.USA’s army is worldwide.Only china and Russian can stop its power growing.Pussy ass nigger borrow money from china and doing gay shit to china..This pussy nigger wanna beef with China when he find hem some.China has 99 problems,USA aint one.China will fuck all Americans Life up with the Art of War by sun tze.China fucks USA back to the Middle age.
Anything is possible.
But, I don't think it will collapse — hopefully the new president will revisit out-sourcing American jobs to foreign countries. That will mean more taxes paid to America, by Americans, who now have jobs because the coding or support is not being done in India or other countries.
One of the things I've worried about with Democrats in the presidency is their tendency to start new projects that increase the deficit. But I DO NOT think anyone could have done worse than Bush.
We need a president, and a few stiff backbone business-wo/men, who will say no and stop paying for work not completed.
Also, it is time that the government work on helping America's poor and uneducated and starving families., rather than take on the responsibility of the world. Certainly we help, but at a ratio equal to other countries, who are now wealthier than we are.
Can the changes be made in time. Probably.
Big brother is doing everything he can to prop up a country built on a house of cards. Everyone knows that the US gov bought 1 trillion in mortgage backed securities…..RIGHT? How much of that paper is very very stinky? I would bet a lot. Also the funny money programs to prop up the stock market and put an artificial bottom on the housing market will have to end. Or maybe we can raise the debt limit to 20 trillion and kick the can down the road. This country has truly lost its mind. bleechhhy!
Social classes can help in understanding the status of an economy. The social structure can reveal the level of productive and unproductive activities in an economy. It can give an idea of classes which leads a parasites like life vis a vis the really productive classes. The higher proportion of the former would indicate a higher level of underdevelopment and poverty. The parasites are often at the leading ladder and more than half of a population of such economies are bound to live in abject poverty. In advanced socio-economic systems the parasite class is almost negligible, everybody have equal opportunity to excel in accordance with one's capabilities, there is no discrimination except some temporary choice making on the basis of relative qualities, intelligence and dilligence in some cases. It is funny to note that some social set ups have created large battalions of specialised unskilled disguised unemployed. Such funny set ups have mostly been subjected to foreign rules adding further to their pace of economic backwardness. Social class is infact a very useful indicator of economic immobility, regressive rigidity and the source of discriminations on unfounded, irrational and unethical basis.
yes, but it also depends on the situation… in fact, you can grow too fast, and a higher tax rate could intentionally slow growth…
current rates are probably pretty close to being right, maybe a bit low on the very wealthy…
Bush cut taxes around 2003-04 to promote spending… yet the housing crisis still hit in 2005…
if tax cuts are really a magic fix, why didn't it prop up the housing market, which had been over expanded for at least 10-15 years?
why do u dumb asses think they let a person of colour in after all those years of whitey running the country. zTo be the fall guy coz if he doesnt fall they country will be taken over by either latios or negroids
Please watch my video. It’s about climate change, earth catastrophe and? our planet as we lives in.
Does climate change can affect economy growth?
watch?v=j7I_eFoIk64
mkay do this. take a list of the presidents and a sheet of paper underneath and have a red pencil. put a line going down for all the republicans and a line going up when you get to a democrat. theres your growth son mkay.
You won’t belive this. I found out where to watch every episode for free! hehehe… hehre it is: Full TV Shows Online . com