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Trade deficit
trade deficit
This article talks about how in 2011, the United State’s trade deficit increased greatly. For example, the trade deficit in goods and services increased from $500 billion in 2010 to $558 billion. The trade deficit with China displaced 2.8 million US jobs between 2001 and 2010. This goes with monetary/result policy. -
Leadership deficit
leadership deficitAmerica’s fiscal trajectory is troubling and the failure to address the problem makes it even greater. This article talks about how we need leaders who will make tough, maybe unpleasant, decisions about spending and taxes, or the future generations will suffer. This goes with fiscal policy. -
Savings deficit
savings deficitThe rate at which Americans saved their money began to significantly drop in the 1980’s. The article also states that the recovery of the saving rate should be a national priority. It also says that much of the fall in national saving can be blamed on government expenditures. This goes with monetary/result policy. -
Leadership deficit
leadership deficitThis article states that since Obama has taken office the federal deficit has decreases by 66%. A Harvard professor also says that Obama’s economic policies such as medicare and medicaid will hurt us in the long run and the deficit will swell once again. This goes with fiscal. -
Trade deficit
trade deficitThis article talks about how in November of 2015, the United State’s trade deficit was at an all time low in the last five years. Businesses reduced inventory and outpaced the drop in exports. These efforts helped the dollar gain almost 10% against the United State’s trading partners. This goes with result policy. -
Federal deficit
federal deficitThis article talks about how the national debt just hit a new record: $19,012,827,698,418. This debt is due to large federal spending on things such as Social Security, Medicare, Medicaid, and Obamacare. This debt equals $58,000 for every person that lives in the United States, including children. This goes with fiscal policy.
