Why The Economy Is Not Healthy

Why There Is Good Reason to Believe That the care Is Not Currently Very Healthy The economy in the United States recently took a large downturn that began a few years ago in late 2007 and arguably continues today. The ramifications of this downturn are very noticeable: we no everlasting have a comfortably low unemployment rate of 3.9% lust we had in October of 2000 (Bureau of Labor Statistics), and, in late 2007, a 6 year string of growth in literal crude domestic product with forbidden two consecutive canton of negative growth was depleted to put us into the recession were in today. unless some say we are source coming out of that recession, and some nonetheless say it is over. It is my position, however, that even though indisputable signs show that the economy may be headed in a good direction, our economy here in the U.S. is, in its online state, still not very effectual. The three pigment components Ill be looking at to back up my military posture are: e conomic growth establish on received gross domestic product, the current CPI and our price stability, and last our unemployment rate, which in my eye is the deciding factor currently. I must admit that when basic taking on this assignment, I flat assumed Id be taking the post that our economy is healthy simply because of our discussions in class close to gross domestic product.

Real GDP (GDP that has been adjusted for inflation) is the find factor for nigh economists as to whether or not the economy is in recession. The measure is that if you have two consecutive living accommodate of falling, or negative, real GDP growth, then you have a recession. The Federal cuss of St. Lou is recently reported that real GDP growth of! Q3 and Q4 of 2009 were 2.24% and 5.55% independently (National Economic Trends). This is two consecutive quarters of growth! some(prenominal) people find this as a suit to maintain that our economy is no longer in a recession, and I would mostly agree with that. But the question pose to us was not Are we still in a recession? but rather Is the economy healthy? and,...If you take to check a full essay, order it on our website: OrderEssay.net

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