2007-02-21 00:42:08 · 3 answers · asked by The Dude 2 in Social Science ➔ Economics
It all depends on the economic policies enforced by the U.S. government who are elected by the people. If I were to guess, I would say bleak for the long-term. I think as more immigrants from socialist nations become citizens, and more U.S. citizens are persuaded to adopt socialist principals, more socialist economic policies will be enforced. Higher taxes, isolationist trade, gov't regulation on business, and expansion of gov't will criple the U.S. economy eventually. This will have a domino effect and become exponential. i.e. socialisty economic policies will reach a tipping-point in which people will start suffering economically. Those people will further adopt scialist policies to try to ease their personal situation, but on a macro level, the economy will suffer.
2007-02-21 02:08:24 · answer #1 · answered by Mamouns 2 · 2⤊ 2⤋
depends.. the more social programs that are in place the worse off the nation will be as a whole... take a look at the carter admin..
look at the
unemployement rates
interest rates
inflation rates
gas price
of the day....
the more people you have on social programs the more "sick" the nation is.. the fewer people the "healther" the nation is...
at this point in time.. the US has more people heading for retirment than it has working.... which means more people on social programs than you have "feeding" the programs or taxes being paid... something will have to give.. more than likely the programs will fail
2007-02-21 03:31:25 · answer #2 · answered by Larry M 3 · 0⤊ 0⤋
check your wallet
2007-02-21 00:46:27 · answer #3 · answered by dredogg024 1 · 0⤊ 0⤋