ECO203 Week 2 Discussion 1 The Current State of the Economy and Unemployment

I feel that the USA economic system is going to be in trouble if we keep getting bad people in the house of representatives of Congress in picking a lousy president America is on a dangerous budget as proposed everything will get higher in it have to raise interest rates. The  Interest rates that people will face are already too high, and it has been hard for people to pay off their loans in debt.

The USA determination has many challenges that we will face when it comes to difficulties the USA economy dealing with a higher debt limit and by making them higher will only get worst for the people in government.  But It’s possible to run a market economy on free credit in on free gasoline, or free labor work or works for the government it would be to run as one the rest, especially small businesses and new workers for the people.

America is on a dangerous budget path the Nominal GDP estimates are commonly used to determine the economic performance when it comes unemployment rate of a whole country or region and to make international comparisons. Dangerous is one of the primary guides to used for the health well beam of any country’s economy.

The GDP unemployment rate is getting better. Those above of the government represents the total value of the dollar for all goods and services that the human nation has to offer, over a specific period. Often referred to as the size of the economy. For example, a change of jobs in the technology field had increased online position made a difference for unemployment shifted the supply curve to the right way, resulting in a larger quantity jobs supplied and a lower unemployment rate.

Like in the United States debt is a big problem started with federal government debt incurred during the American Revolutionary War by the first U.S treasurer in the mainstream it spent money and got more debt to another country in it very are dangerously in a high risk for our future. When public debt reaches certified levels of GDP economic growth spending, combined with debt lead up with higher in even part past due debt to increasing this kind of analysis a  positions debt between two different times an of keeping track to rising unemployment.

                                                      Reference

Amacher, R., & Pate, J. (2012). A principle of Macroeconomics [Electronic version]. Retrieved from https://content.ashford.edu/