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.
Nobody downloaded yet

Review of the Current Macroeconomic Situation in the US - Essay Example

Comments (0)
This essay critically evaluates the current economic situation in the United States with respect to adopted fiscal and monetary policies and the recessionary pressure on the government. The trends of other influential economic variables are also assessed…
Download full paper
Review of the Current Macroeconomic Situation in the US
Read TextPreview

Extract of sample
"Review of the Current Macroeconomic Situation in the US"

Download file to see previous pages Unemployment situation in the US Young Americans are one of the worst sufferers of recession that has followed the global financial crisis of 2008. Although almost all open economies in the world have been affected at varying levels, research suggests that unemployment situation in America is grave. While other developed and developing economies have gradually been able to create employment opportunities for citizens, rate of unemployment in the USA for the age group of 16 years to 24 years is approximately 16.2 percent. This rate of unemployment is considered very high by policy makers in USA and also other countries across the globe. It has been apprehended that even if the rate of unemployment falls over the years, the impact of current unemployment would linger around for several years in the near future. Over the next ten years, members of the American labor force would experience a drop in total expected earnings by US $20 billion. Building on recent research reports published by Center for American Progress, economists have estimated that approximately US $22,000 per person has been lost in earnings (Ayres, 2013). This loss in earnings (depicted by fall in wages) holds serious economic implications for individuals, private corporations as well as the government. Higher unemployment would result in delay in repayment of student loans that would lead to ballooning of student-loan debt (Ayres, 2013). In the short term, the delay in repayment of debt would lead to loss in earnings by the financial institutions. These institutions would be unable to extend fresh debts, thereby, foregoing opportunities of higher earnings. Besides, the long...
This essay aims to comprehensively observe current set of macroeconomic policies, carried out by American government to tackle the economic consequences of global financial turmoil In the essay, the stability in the price level is regarded the main aspect, that affects healthy economic growth in the country.
One of the major reasons of concern for the US government is the high rate of unemployment prevalent in the economy. It is undoubted that the economy is recovering, but at an unsatisfactory rate. This rate of growth is frustrating for the economists and policy makers in the economy, since such rates of growth are deemed insufficient. In order to take the economy to higher levels of growth, economic performance by the country has to be boosted up. Different aspects of the economy have to be considered for the study of performance of US economy. These aspects are represented by the variables, such as rate of inflation and unemployment and level of recession in the economy.
Persistent weakness of the housing market in U.S. is one of the major concerns for the economy. The US economy is characterized by tightening of credit conditions and availability of credit in different sectors in the economy, which is responsible for deleveraging of the U.S. households. The government has adopted contractionary fiscal policies along with accommodative monetary policies. Policy of large scale asset purchases is aimed at sustaining downward pressure on the long term rates of interest that would support the mortgage and real estate markets ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
The current macroeconomic situation
Stated otherwise, at this moment, US economy as a whole is strong. Tilton (2011) cited two main factors as the basis of this prediction. The first reason is the stronger private sector balance sheets in America. To note, before the financial crisis, America’s private sector was spending beyond what it can only spend (Tilton, 2011).
2 Pages(500 words)Essay
Macroeconomic Situation
It has been found that the economy of the United States has rescued itself from the recession and has begun to rise since the second half of the year 2009. It was expected that the economy of the United States in the year 2010 would grow by 2.9 percent and in the year 2011 it would decline to 2.5 percent.
2 Pages(500 words)Essay
Current Macroeconomic Situation in the U.S
The state of the domestic economy has always been topmost in the minds of American citizens. It will perhaps be one of the most defining issues that will determine the winner of next year's presidential elections as well. People are understandably worried about the economy as it impact on them directly, perhaps more significantly than other concerns such as a global anti-terror war.
3 Pages(750 words)Essay
Current Macroeconomic Situation
However, he tends to preach more about the meat and actually goes to actualize the meat diet just as Atkins diet recommends Westman, C et al. (2010). I support the Atkins meat diet I must admit that I do not know how it works. For example, I fear that the Atkins diet only recommends taking meat but does not convince one on the reasons for the preference.
3 Pages(750 words)Essay
Current Macroeconomic Situation in the USA
Presently in the US, there is slow growth and escalating unemployment; the main sources of apprehension. However, the FED will maintain the funding rate pending 2014, which is a giant push. It forecasted that the economy will develop more than 2% the following year, which is good news.
4 Pages(1000 words)Essay
What is current macroeconomic situation in the U.S
This paper will therefore discuss the current macroeconomic condition of US and will provide a description about the key economic variables such
2 Pages(500 words)Essay
Current macroeconomic situation
The unemployment has disastrously plummeted from the initial levels in a rate that most people never expected. Despite the
2 Pages(500 words)Essay
Current macroeconomic situation in the U.S
The unemployment aspect of the US economy is actually a little dire. The unemployed population is quitting the hunt for jobs. Moreover there is a widespread agreement on the notion that, even if the economy gets on a
2 Pages(500 words)Essay
What is the current macroeconomic situation in the United States What fiscal policies and monetary policies would be appropriate at this time
This is because such aspects as unemployment rates, inflation, fiscal and money policies directly have an impact on the economy hence influence its
2 Pages(500 words)Essay
Current Macroeconomic Situation in the US
And when asked about the effect of government efforts to handle the situation, majority believe the economic policies have just benefited corporations, the rich, and large banks than small businesses, the poor
2 Pages(500 words)Essay
Let us find you another Essay on topic Review of the Current Macroeconomic Situation in the US for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us