StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Current Macroeconomic Situation in the USA - Essay Example

Comments (0) Cite this document
Summary
Running head: Macroeconomic Situation in the US Current Macroeconomic Situation in the US Insert Name Insert Grade Course Insert 06 June 2012 What is the current macro-economic situation in the United States? The current macro-economic situation in the United States is in a state of hang-over position and, therefore, it is premature to state that the recession of 2008 is over…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.1% of users find it useful
Current Macroeconomic Situation in the USA
Read TextPreview

Extract of sample "Current Macroeconomic Situation in the USA"

Download file to see previous pages The currency has not changed much in comparison to the Yen (OECD Publishing, 2012). The economic meltdown of 2008 greatly affected the prospects of the US economy and still hangs over the current economic situation. As a result, the current macroeconomic situation appropriately echoes the 2008 economic crisis in a highly significant manner. First is the aspect of slow growth where the American economy has been lethargic ever since the economy collapsed in 2008. Slow economic growth is currently prevailing in the United States, and economic development is occurring at a dawdling pace. It is estimated that the economy will grow at the rate of 2% through 2014. This is an indication that the economy will take more time to recover fully. Other predicaments affecting the economy of the United States include unemployment, inflation, and recession. Unemployment is at a very high level and is mainly caused by slow growth of the economy. As the economy takes more time to grow there are very few opportunities for employment, making it difficult to end the current problem of unemployment. Inflation is also a major problem affecting the US economy, which involves the incessant rise of prices of commodities. Inflation has partly been contributed by the current spate of economic stimulus programs, which have pumped a lot of funds into the economy with the aim of stimulating growth and creating job opportunities. Is the U.S. economy currently concerned about unemployment, inflation, and recession? The US economy is presently concerned about unemployment, inflation, and recession. These have been the principal factors affecting the economy ever since the 2008 economic meltdown (Leboeuf, 2012). The administration has injected trillions of money into the economy to stop the recession. There has been debate over the effectiveness of this strategy as to whether it will create inflation. At this position in time, America is experiencing age of "severity" an era of recession worst from the time of the "immense depression." In essence, recession is nastiest than inflation during this point of economy. Inflation and greed is an excellent thing for the economy to generate jobs to progress the economy when the economy is in a slump. Mr. Friedman counsel has stood the experiment of time with numerous Presidents inquiring about suggestions from him. America requires some type of "inflation" to provide the economy the thrust it need at this instance, certain the interest rates are low down, but Americans do not have the required assurance to either endow or spend to provide the economy the further it needs. America requires assurance at this time to twist the economy around. Americans as well need employments maybe the imminent election will modify the image we have at this occasion, numerous people are hoping. The US economy is primarily concerned about unemployment, which is a serious headache in the United States today. Slow economic growth is the chief reason for high unemployment cases. The US economic development has been very sluggish right from 2008 when the economy slipped. Job creation has been remarkably low in the United States creating a large population of individuals without jobs. Apart from concern over unemployment, the US economy is equally apprehensive about recession and inflation which as well have exerted a lot of pressure on the economy of ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Current Macroeconomic Situation in the USA Essay”, n.d.)
Current Macroeconomic Situation in the USA Essay. Retrieved from https://studentshare.org/macro-microeconomics/1452730-what-is-the-current-macroeconomic-situation-in-the
(Current Macroeconomic Situation in the USA Essay)
Current Macroeconomic Situation in the USA Essay. https://studentshare.org/macro-microeconomics/1452730-what-is-the-current-macroeconomic-situation-in-the.
“Current Macroeconomic Situation in the USA Essay”, n.d. https://studentshare.org/macro-microeconomics/1452730-what-is-the-current-macroeconomic-situation-in-the.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Current Macroeconomic Situation in the USA

The Current Protection in England and Wales

Vis-a-vis the burden of the prosecution of proving the elements of the offense, there is the set of human rights to which the suspect is entitled and which must be respected by the police having custody of the suspect. These human rights range from the investigation stage to that of the trial stage of the criminal prosecution process and are provided partly by the conventions of the Human Rights Act of 1998. [The Stationery Office, 1998]
There is a great difference in law between the fundamental rights and liberties of individuals and the enforceability of rights and safeguards. The safeguards could only be made available through legislation and the provision of sufficient resources to give meaning thereto as well as make the...
11 Pages(2750 words)Research Proposal

Towards the Comparison of Specialized Courts in USA and India

Without specialized courts, resolution of complex matters would have been stalled and progress dampened.

Both countries have high educational standards and believe in an informed judiciary who are experts in their fields and these courts are presided by such persons. Justice is speedy in both cases and both give their judges penal and punitive powers.

Although there are many similarities, yet there are some differences both in content and in approach. Whereas the US believes in a more liberal outlook, giving greater emphasis to Human Rights, India lags behind due to its colonial and cultural legacies. The redeeming feature is that lead by its own global status as a growing economic power, it is trying to shed...
12 Pages(3000 words)Case Study

Evaluation of Current Marketing Communications Practice of Motorolla

Motorola Incorporated is a multinational company founded nearly 80 years ago. The firm belongs to the communication industry with a specialization in mobile technology. In 2006 Motorola achieved global sales of $42.9 billion which represents an increase of 22% over the previous year’s results (Annual Report 2006: Motorola, 2007). The company has achieved international recognition for its world’s class services and awesome telephone models. The Motorola Razr which was introduced in 2005 is one of the world's selling cellular phone models and new models of this branded model are one their way. The firm has stayed up to date with the latest trends in the industry and is currently capitalizing on the mobile services trends...
10 Pages(2500 words)Case Study

How Effective Are the Current Environment and Ethical/Social Policies of Tesco

 Tesco has been accused of indulging in unfair and monopolistic activities, unethical price of price undercutting thus creating a squeeze on the competition and the local farming community. The volumes of goods traded and retailed leave a large carbon footprint. However, Tesco has stood it is for quite some time now by creating and implementing policies for ethical and responsible for not only fending media accusations but also by stating, and implementing ethical and social policies.

According to Walley (2005), sustainable practices are best developed with an interplay of forces outside organizations like laws, regulations, and competition and organizational policies like governance, and social and ethical practic...
10 Pages(2500 words)Assignment

Costs, Benefits and Risks of MerloniS Current Distribution System

Each supply-chain risk to forecasts, information systems, intellectual property, procurement, inventory, and capacity has its own drivers and effective mitigation strategies. To avoid lost sales, increased costs or both, managers need to tailor proven risk-reduction strategies to their organizations.” (Sodhi)

Distribution systems play an important role in the overall functioning of the supply chain management system of an organization. Any good distribution system requires that all the associated activities are coordinated in such a way that they facilitate the whole flow of organizational resources from one point to another. This is important because of the fact that a swift and smooth flow of organizational reso...
10 Pages(2500 words)Case Study

Comparison of the Cold War International System to the Current International System

An example is that of the Korean War (1950-53) which is said to transform the nature of the Cold War, while its initial impact was to solidify the division of the world into political, military, and economic spheres. Take Germany for instance where imperialism was a victim challenged by the historians for the destruction of the German Government along with its supporters used to conduct (Keylor, 2001, p. 44). That indicates economic expansion and territorial acquisition has always been a problem promoted since the First World War. Even in the 1920s, it was fashionable to declare the German empire on the threshold of the ‘Great War’ (Keylor, 2001, p. 44).

Europe in the global context remained tense and divide...
8 Pages(2000 words)Article

How Does the US Media Effects Evolve in Singapores Current Media

Lewis and Slade (2000, p. 223) in their critical evaluation of the effects of media communication on the audience argue that media effect is achieved incongruent with social context. Their study recounts the experiment on the influence of television on identity in Singapore indicates that US social values and Singaporean values greatly differ from each other. The sharp differences in program content have a negative influence on the audience because Chinese raised Singaporeans value marriage, social values, and collectivism whereas US social culture involves career, family and the struggle to balance the two. Therefore the question of US media's influence to destabilize Singaporean national identity is limited. This view is emphasi...
6 Pages(1500 words)Assignment

Current Trends in the Marketing Communications Environment

Traditional marketing communication functions such as advertising and public relations have also extended over the internet, as companies utilize the web to reach target audiences. One example of this is Toyotas marketing campaign of its Scion brand in 2006 in Whyville.net, a website is set up to for kids age 8-15 in order to encourage greater interaction and induce brand loyalty (Cousineau & Scurry 2006). According to Cousineau & Scurry, with websites such as these where consumers can try the brands, in the kid's case—test driving the Scion—consumers interests are aroused which make them seek out [a] brand and interact with it on an ongoing basis rather than actively avoid it (2006, 37).

An e-mail h...
13 Pages(3250 words)Assignment

Intermediate Macroeconomics and Macroeconomic Coordination

Similarly, if there is a difference in the values of GDP & APE, it will trigger the suppliers of goods & services to act together and bring the figure close to equality. This process is called output-price adjustment. The purchasers of the domestic output can be classified into three groups. Group 1 involves individuals having sufficient money to fund their planned expenditures. Group 2 comprises of individuals having insufficient money to fund their planned expenditures. The final group (Group 3) consists of individuals who have a surplus of money to fund their planned expenditures. Group 2 can acquire funds by begging, borrowing or reducing their planned expenditures. In a similar fashion, Group 3 can utilize their exces...
6 Pages(1500 words)Assignment

Analyzing a Communication Situation

Communication is part of everyday life. It is not limited to adults or learned individuals. Babies communicate with their mothers as they cry when they are hungry, the mute use sign language to express what they want to say, while the mentally disabled laugh when they are happy or excited. The forms of communication people use may vary but common elements are usually present. These include the message and the communicators or the participants who play the role of either the sender or receiver of the message. In the communication situation, I had with my friend, these common features were present along with others namely, feedback, noise, context, and mutual agreement/negotiation. These elements affected the outcome of the conversa...
12 Pages(3000 words)Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Current Macroeconomic Situation in the USA for FREE!

Contact Us