How Bad is US Economy?
The latest facts that well help you understand the economy in general, and furthermore where the US economy currently is.
Hello & welcome to my Article that well not only help you Understand the Enconomy but you well also know where the US Economy is headed to. So enjoy.
We have all seen the economy in much worse shape then ever before. There’s little doubt left that we’re headed for — or in the beginnings of — an economic downturn since there are signs of Hope for the US Economy & the Economist need to really see the Big Picture before throwing their own Stats to the People in US.We can’t determine how bad the Economy is until we really Study the Economic flow & where exactly is our Economy headed to so Please ” We are Not in a Worst Shape like others are Falsely Stating in their own Articles. We still have hope & all of you well see that our Economy is actually getting better & growing & not in a worse Shape like others are stating. The housing recession that began in 2006 is one of the worst since the 1930s yes but How can we automatically say that every house is at Risk when only the Houses that are in a Low side of the Region where the houses are cheap are the only houses that were hit hard by the Low Rates & dropping prices of homes while others were actually not Hit at all & I have proof that the Housing Economy is not as bad at all when only 15 percent of the homes in US were Affected by the Economy & believe me 15 percent is not that big of a Number so come on people face reality & know that our Economy is not in such a Bad shape. It’s likely that things will get worse before they get better. But it’s impossible to say at this moment in time how bad they’ll get when we have to look at the real facts & study the economy carefully at how weak or how strong our Economy is Growing & if we are even headed for a Recession. So lets say this ” What exactly is a Recession & Combine the terms of Recession with the Growth of the US Economy.
What exactly is a Recession?
A recession is any period when economic activity experiences a prolonged and widespread decline.
Economic forecasters and weather forecasters have a few things in common & that is the Economic Forecasters are calling our Economy a Economic Storm & they believe that things well only get worse before getting any better. Since no one can really see into the future so why even make False Predictions about the US Economy & am I right or what & both kinds of forecasters look at the forces that have created and shaped storms in the past — and then look at current data to help guide their predictions when all Predictions are not 100% accurate if you look at the Data closely. I understand that Banks went out of business & the wall street was hit hard but the USA people are not at Fault when its the US Governments fault since they didn’t watch their Spending Budget & didn’t know what to really Spend money on when they should of had a Strong Plan that would alway’s help keep the US economy at a Good Stage so what really happened well lets just say that the US Governemt over spent the money that they had & Didn’t know what to do when they realized what has happened to the Economy so People that work for the US Government you all need to do your Jobs better & not spend money on things that don’t even Help our Country in any way. When you see a sharp drop in the barometer, it’s a pretty good bet there’s a storm coming but when well the Storm actually hit isn’t Quite Determined yet.
That’s where we are now — the economic barometer has just started dropping. Unfortunately, economists don’t have radar and satellite imaging to measure how big the storm is before it gets here & this is what I call the Economic True Facts. I can Argue with the Government official’s all day long about how our Economy is being Runned & how we can Shape our Economy & if I have to then I well have to educate the People who are in Charge of our Economy.
There are lots of economic data out there to chew on, but the broadest measure of the economy’s strength is the gross domestic product — the total value of all the stuff we all make and services we sell each other. So a good yardstick of the damage done by a recession is the drop in GDP from start to finish. Yes we have been Hit Hard but not as hard as everyone is Anticipating. So lets not believe everything that we view or read until we do the Full Research ourselves & then determine at what stage our economy is. I believe that in the next year or so our Economy well be in Perfect shape & all of you well witness it on your own.
By that measure, it’s too soon to say we’re even in a recession & if well even be in one: the last GDP data, for the last quarter of 2007, showed very weak growth of 0.6 percent — but growth nonetheless. Given the latest news on job losses in January and February, it’s likely we’ll see a negative number for the quarter that wraps up at the end of this month. (A preliminary figure will be reported in late April.) Depending on how long it takes for banks and other lenders to get through the ongoing turmoil in the credit markets, we may have more down quarters this year — and possibly even next.
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Post CommentRick Johnson
On January 14, 2009 at 1:37 pm
Hey Pavel I really like your Article. It explains alot about the Economy & these type of acticles are the articles that we need these days. Great Work.
Mike Garryson
On January 14, 2009 at 1:42 pm
WOW this Article is Powerful & it really gets right to the Point. The author of this article didn’t waste no time at all since what he wrote in this article really made sense. I’m telling I have never read an Article before that was as powerful as this one.WOW Im highly impressed. WOW
Pat Jones
On January 14, 2009 at 10:31 pm
Hey this article is so amazing. I really enjoyed reading it from the Start to finish. I highly encourage all of you to read it since it makes alot of Sense in everyway. I give this article a Complete A++.
Joe Nedney
On February 5, 2009 at 5:51 pm
Okay first off that article is really stupid for reasons that I wont even go into because I would run out of room to write. Having said this the article should be totally disregarded on the basis of the writer writing it at a third grade level. Two words my friend SPELL CHECK!
old friend
On April 10, 2011 at 11:53 pm
I see you are still a moron. I feel sorry for that girl who’s life you ruined. Cheers!