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What Is the Current Macroeconomics Situation in the United States


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What is the Current Macroeconomics Situation in the United States ?

Roseanne Jones

Oct. 12, 2014 Economics What is the current macroeconomics situation in the United States? How does unemployment, inflation, or recession effect our economy or our worrying about our economy? It’s no secret that since 2008 The United States has been in a recession. This is troubling since the United States is one of the leading economy countries of the world. The United States in recession has Americans as well as other countries wandering, what would be next for everyone? The recession has been since 2008. Unemployment rates were at an all time high by 2009 at 10%. As our unemployment was rising so was our fiscal deficit of our GDP. The Government knew it was time for them to take action and it would have to be something different. They tried to tide over the recession by relying on the expansionary fiscal policy. At first it did not have the effect that the government had hoped for but that was soon to change. As the government followed the expansionary fiscal policy they began to see positive changes. The rise in CSI was growing at a moderate and that led to less worry about inflation increasing. It was followed by a steep decline in the Fed rate. Since 2009 the Fed rate has been close to zero. Then slowly unemployment rates began to decline for the first times since the recession started. The result of the governments expansionary fiscal policy efforts were paying off. The United States was heading to recovery, it was showing in the GDP as well as the CPI and the slow gains. During all of this the government was encouraging spending of money. Government felt that a rise in

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