Economics - May 2007

Federal government sector-$8.7 Trillion

State and local government sector-$2 Trillion

Un-funded Social Security-$7 Trillion

Un-funded Medicare-$37 Trillion

Household Sector debt- $12.8 Trillion

Business Sector debt-$9 Trillion

Financial Sector debt-$14.2 Trillion

Other (extra foreign debt in addition to such included in numbers above sectors) $1.7 Trillion




http://mwhodges.home.att.net/nat-debt/debt-nat-a.htm

2007-05-26 12:24:22 · 6 answers · asked by Go For Broke 3

Is there a source for this? Maybe some sort of graph where the government has printed off a lot of money? Some table?

2007-05-26 12:00:01 · 2 answers · asked by ben_ev0lent 1

My school is having an economic fair. We need to buy and make stuff than sell them for a profit. I need some ideas. Unfortunetly, we can't do food. The ideas have to be cheap and fairly easy to make.

2007-05-26 01:52:54 · 3 answers · asked by baseball_247_365 3

2007-05-25 17:38:36 · 9 answers · asked by AHSAN S 1

I found this

http://www.federalreserve.gov/releases/h6/Current/

am I right in saying that the government isn't really printing off money or am I reading it wrong?

I ask because I hear a lot of arguments saying that the government prints off a lot of dollars which is what is bringing down the value of the dollar.

2007-05-25 12:26:19 · 7 answers · asked by ben_ev0lent 1

I found out that if a city has a poor economy, (Like Cleveland, Detroit, Buffalo for example), It is hard to find a good paying job even if you have a good education.

So does that mean, if a city's economy is booming, (Phoenix, Atlanta, Dallas), it's easier to find a well paying job with a poorer education?

Is that how it works?

2007-05-25 11:28:32 · 5 answers · asked by Anonymous

Was it ever given much credence by historians and political scientists? Has its acceptance decreased as a result of the collapse of Communism?

2007-05-25 11:06:03 · 3 answers · asked by jxt299 7

2007-05-25 06:48:54 · 18 answers · asked by Anonymous

i am looking for the american currency in 1747
.

2007-05-25 06:07:35 · 9 answers · asked by Anonymous

Consider all costs such distribution, MPG, emissions, higher food costs due to increased demand in corn products, etc.

2007-05-25 01:10:32 · 1 answers · asked by prodigy.net 1

I don't think so. Those left-wing hippy type people who always think that we can create some stupid utopia are seriously on drugs (besides the weed they already smoke). Communism cannot work because people are inherently selfish.

2007-05-24 23:07:22 · 14 answers · asked by Anonymous

Hypothetical situation of course. Assume money was no longer needed for anything. Everything was "free", with the exception you are only allowed as much as needed to get through the day / week. This would in turn, abolish poverty. However, people still need to work so that the world could function. You would still be required to work 40 hours a week at your job so that the community can still function and provide for itself. Not really a question, but just an odd thought ive had that i felt the need to share.

2007-05-24 18:49:04 · 12 answers · asked by Metamorphosis1 2

2007-05-24 11:59:36 · 3 answers · asked by ~Just Me~ 1

• Salaries are still below where they were at the start of the recovery in November 2001. That, while productivity -- the growth of the economic pie -- is up by almost 15 percent. Meaning we're working harder, producing more, for the same money as five years ago.

• Since the recession ended in 2001, 50 percent more of the growth in corporate income was sucked up as profits than after past recessions. That's left less for those of us who work for a living.

• As a result, median household income has now fallen for five years in a row. It was 4 percent, or $2,000, lower in 2004 than it was in 1999


http://www.alternet.org/story/30447/

2007-05-24 03:32:50 · 7 answers · asked by Anonymous

Why are some countries rich in natural resources, but are still poor? and other have practically none and are considred to be in the top countries? For example Singapore, is a small island with practically no natural resources, has a huge population and yet is booming. (i know they are big in the trade and thats why they are rich) and then countries like many in africa are rich in oli, gold, diamonds and even platinum (in South africa) and are sturggling.

p.s this is what i do know / think..... many of the africa governments are corrupt, their is civil war, the infrastructure is in ruins from civil war, the education is poor, but dose anyone know something more specific.

2007-05-24 02:43:48 · 8 answers · asked by Anonymous

Yet the British are always complaining about the state of the UK economy.

Is it because the British dictate the world's economy?

Is there any country where the currency is worth more than the pound?

2007-05-23 23:00:17 · 13 answers · asked by Anonymous

With it's location in the World.... it would seem Mexico should be more like a world power than a third world country... What gives??

2007-05-23 16:25:41 · 5 answers · asked by Majik9 3

I recently read that the increase in gas prices can in part be attributed to the growth of the Chinese economy. What is the correlation here...??

2007-05-23 15:23:47 · 10 answers · asked by ANDREA M 2

2007-05-23 15:23:39 · 2 answers · asked by Anonymous

Do you think that Gas prices being so high can ruin the economy? I haven't had to change my lifestyle yet. I still go to the movies, still have same budget for food, clothes, fixing up the house, but it is getting pretty close to having to redo my budget and my lifestyle which is going to affect shopping I'm sure. My friend has gotten laid off. She worked for a non-profit organization. I'm wondering where is it going to affect us first and how bad do you think the government will let us slip into a recession?

2007-05-23 14:21:01 · 5 answers · asked by Peggy Pirate 6

2007-05-23 09:12:33 · 5 answers · asked by Anonymous

i dont quite get what the term means

2007-05-23 08:07:54 · 2 answers · asked by fifa1990@verizon.net 1

elasticity

inelasticity

unitless measure

price change

?

2007-05-23 08:06:05 · 6 answers · asked by Anonymous

Is there a standard or they just print money whenever they need more cash?

2007-05-23 06:19:55 · 7 answers · asked by jflsdkjflsad 2

2007-05-23 05:55:50 · 8 answers · asked by Lindsey F 1

eventually businesses will have to pass increased transportation costs on to consumers.

2007-05-23 05:47:43 · 3 answers · asked by cashcobra_99 5

What could have been improved on?

2007-05-23 05:20:57 · 4 answers · asked by Giggly Giraffe 7

isn't it if our peso's getting stronger the prices of our commodities should reduce? but that's not what's happening instead it's completely the opposite. Prices of everything rises up!

2007-05-23 05:10:15 · 5 answers · asked by nicole 2

This attempts to describe, explain, and predict changes in the price and quantity of a. goods sold.
b. Equilibrium
c. Laws of Supply and Demand
d. Business cycle

2007-05-23 04:24:05 · 4 answers · asked by Nischal P 1

Could it be that capitalist economies depend some much on consumerism for survival?
In two different ocasions I heard the president of the U.S. recommending the population of that country to "go shopping, go shopping".

Population control is the cure to save Mother Earth.

2007-05-23 02:24:10 · 8 answers · asked by nino 2