What key indicators should be used to determine this?
2006-10-09 07:40:31 · 12 answers · asked by smitpsk 1 in Politics & Government ➔ Other - Politics & Government
fine and dandy.
People are spending money!
2006-10-09 07:42:06 · answer #1 · answered by cork 7 · 1⤊ 0⤋
The US economy is good, but not great.
The Gross Domestic Product has been growing at a good rate for the last 3 years. Wages for all income groups are on the rise, as shown by the latest US Census figures. Unemployment is quite low, at 4.7%, and has been under 4.8% all year long.
Home ownership is at an all time high. Inflation is under control. Energy prices are coming down. The federal budget deficit is coming down, due to increased tax receipts because of the expanding economy. The stock market is on the rebound.
These are good economic times.
2006-10-09 07:49:51 · answer #2 · answered by Uncle Pennybags 7 · 0⤊ 0⤋
people have placed some good solutions right here. The financial gadget is doing undesirable, you would be able to desire to look previous the numbers...i'll furnish some qualitative enter. Unemployment value decreased because of the fact people chosen to go out the artwork rigidity, which shows a loss of optimism. to place the activity numbers in attitude: united statesa. extra a hundred and fifteen 000 jobs in September, Canada created fifty two 000 contained in the comparable time-physique. Canada's unemployment value certainly raised as peopled began finding for artwork. united statesa. has a 10 X greater financial gadget, and 10 X greater inhabitants while in comparison with Canada, yet yet in easy terms 2X the form of jobs created??? some thing is amiss.... the final 4 years have been artificially backed by potential of government spending. a million.2 trillion money of stimulus money that develop into "revealed" by potential of the federal reserve, which compiles component of Obama's 6 trillion in debt...and in certainty no longer something yet a collection of low-salary, section time jobs to distort the numbers. bear in mind: A "activity" is an exceptionally obscure term, and many those activity advantageous factors have been minimum salary and occasional earnings.
2016-10-02 03:07:41 · answer #3 · answered by bugenhagen 4 · 0⤊ 0⤋
Mish's global economic trend and analysis is something you should search. Heard him on a talk show and his points were non-partisan and right to the point. Our economy is on the brink of recession at this time. Our gross national product has risen slightly ever year but real wages remain stagnant. This trend is a 1st!! Don't use the stock market as a measuring stick--it is constantly injected with actions from the FED to keep it looking good.
2006-10-09 07:46:58 · answer #4 · answered by scottyurb 5 · 0⤊ 0⤋
Doing quite well, thank you. Employment is up, by a million a year for each of the past five years, and the unemployment rate is at historic lows. The reduction of tax rates has resulted in a net INCREASE of tax collections by a trillion dollars over the same period. Real wages are starting to rise (unsurprisingly), after a considerable time when they did not change much.
2006-10-09 07:45:36 · answer #5 · answered by Anonymous · 1⤊ 0⤋
key indicators? how about the fact that they tell us that the dollar is strong but in reality its worth about 4 cents and the majority of the american population has to go into massive debt just to get by?
2006-10-09 07:47:12 · answer #6 · answered by Anonymous · 0⤊ 0⤋
the fact that so many just answered fine scares me, read the foreign press, warren buffet (one of the most successful finacial investors of all time and 3rd richest man in the world) is afraid of the us economy and so should you! plus look how much is has fallen to the Euro, that should send up flags ameicans are in record debt and so is our government and nobodys is willing to bail us out,
2006-10-09 07:51:49 · answer #7 · answered by ninja cat 4 · 1⤊ 0⤋
The economy is excellent. The reason is the Bush tax cuts.
Unemployment rate low at 4.6%
Dow Jones industrial record high at 11867 last friday.
Interest rate is low
Inflation is low
2006-10-09 07:51:32 · answer #8 · answered by rjf 3 · 0⤊ 1⤋
The national debt, it dwarfs everything else.
We are like the month after chrismas before the creidt card bills come in, (in this case the elections will be our christmas).
2006-10-09 07:49:16 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Well, the stock market just hit record highs, so that is a sign it is doing very well.
2006-10-09 07:42:33 · answer #10 · answered by Anonymous · 1⤊ 0⤋
The DOW is having record highs.
2006-10-09 07:48:41 · answer #11 · answered by Anonymous · 0⤊ 0⤋