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Macroeconomics is a branch of economics that looks at global economic variables to study the behavior of the national economy as a whole. American economy has a deteriorated image in many parts of the world, right now. Most people think it’s the large companies that offer all the jobs in the United States, but this is not true. It is the small business that really drives our economy. On Wall Street and around the world of banking, the U.S. Prime Rate is first understood as the interest rate at which banks lend money to their most creditworthy customers. The sorry state of U.S. economy is a big problem now considering what is happening in government, and I’m surprised it isn’t worse.
In the United States the Bureau of Labor Statistics conducts Current Population Survey, or CPS. They interview about 50,000 households each month to determine if adults are employed. When demand falls, this is called a recession, and it leads to deflation. The recession is a period of negative GDP growth. The time of a recession is debatable. What you have now is an economy that is not well balanced, not as stable as economists would say, and a serious imbalance causes many bad side effects.
Did you know that in a given year between 75-80% of total employment in the United States comes from small businesses? Business and government report provides only 20-25% of jobs in the United States. But employees who earn less, they will not pay tax as they did in the past, but of course it will be more than happy to compensate for the difference in taxes that the government lost by this agreement, right? Another reason was that growth models showed that the U.S. would not have enough people to provide all the jobs necessary for the expected growth inside the United States. There are about 5 million homeless people outside of Mexico City. They send them to the United States, a perfect solution for Mexico, not so good for us. Most of the 35 million immigrant’s illegal and legal migrant workers are working and many have become U.S. citizens, send money back to Mexico.
The unemployment rate is the proportion of workers in an economy that does not work, but looking for work. The total workforce is a combination of more working people who work but do not want to work. The economic outlook for the U.S. is bleak. Despite this, it is the engine of U.S. economy that cannot produce jobs, it can, but must have a correct formula, one that does not depend on how the stock market do. Multiple parties can force politicians to do what is best for the country, and begin the long and difficult road to America what it once was – A Beacon for Hope.