Your current view of the US Economy and for the future?

Answer 1

Today's young adults may be the first generation in the American history since the Great Depression to consistently experience a standard of living worse than that of their parents. The cost of both education and health care is increasing much more rapidly than inflation, which means that young adults as a group are in a double squeeze; on the one hand, they need to pay more for their education (which they must have in order to have half-decent jobs), on the other, they will have to pay more in taxes for their parents' retirement benefits (Social Security, Medicare, etc.)

The government policies do not help, either. The federal government once again, just like in the 1980s, sinks enormous amounts of money into defense. The result, just like in the 1980s, will be a serious increase in national debt (translation: higher taxes down the road) and high inflation...

Answer 2

With the Feds holding the interest rate constant for the third straight period, we are in a holding pattern. Unemployment Nation wide is around 4.1% which is on the low side so it is an employee market if you have skills. Some states are below this into the dangerous level where there is not enough jobs for people looking. In the future, you will see more periods of growth with retractions happening every now and again also.

Answer 3

You want to see a land of poverty? Come visit the USA right now: 1 family out of 7 is below the level of poverty. That tells you the economy in the future since every country affects the others. The future picture is grim! Very grim! Better getting used to the least now! Training ourselves not to need this or that, especially land and luxury but unnecessary goods!

Answer 4

Greetings!

The economy and the government will collapse. The US economy is false.
Start with the stock market. GM reports 5.8 billion dollars on a given day. 1) They don't go out of business 2) The stock market actually goes up!
The government has a GNP that has been negative for what 8 or 9 years.
The deficit is so large even the lies have begun to be unbelievable.
And yet the market sets new records each day?

You tell me, does someone have a printing machine in Washington?

Good Luck

Answer 5

I believe that the evil rulers of this world are purposely bringing down the U.S. economy, knowing well that all other national economies will fall like dominoes. There ultimate goal is a cashless society, and everyone implanted with a micro-chip in order to make any financial transaction.