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Economy of The United States
Pierre2.jpg
Currency United States Dollar (USD)
Fiscal year 1 October — 30 September
Trade organizations NAFTA, WTO, OECD, G-20, G8 and others
Statistics
GDP $14.266 trillion (2009)[1] (nominal; 1st)
$14.266 trillion (2009)[1] (PPP; 1st)
GDP growth -2.4% (2009)[2]
GDP per capita $46,442 (2009)[1] (nominal; 17th) $46,442 (2009)[1] (PPP; 6th)
GDP by sector agriculture: .(1.2%), industry: (21.9%), services: (76.9%) (2009 est.^ GDP—composition by sector: agriculture: 2% industry: 23% services: 75% (1997 est.
  • MiddleEastNews.com - United States of America 19 January 2010 9:54 UTC www.middleeastnews.com [Source type: FILTERED WITH BAYES]

^ GDP—composition by sector: agriculture: 2% industry: 23% services: 75% (1998 est.
  • CIA -- The World Factbook 1999 -- United States 19 January 2010 9:54 UTC www.umsl.edu [Source type: FILTERED WITH BAYES]

^ GDP - composition by sector: agriculture: 2% industry: 18% services: 80% (2002 est.
  • United States Economy 2004 - Flags, Maps, Economy, Geography, Climate, Natural Resources, Current Issues, International Agreements,Population, Social Statistics, Political System 19 January 2010 9:54 UTC www.immigration-usa.com [Source type: FILTERED WITH BAYES]

)
Inflation (CPI) 1.8% (Dec. 2008-09)[3]
Population
below poverty line
13.2% (2008)[4]
Gini index 45 (List of countries)
Labor force .154.5 million (includes unemployed) (2009 est.^ Labor force: 155.2 million (includes unemployed) (2008 est.
  • United States Economy 2009, CIA World Factbook 19 January 2010 9:54 UTC www.theodora.com [Source type: FILTERED WITH BAYES]

^ Labor force: 149.3 million (includes unemployed) (2005 est.
  • United States Facts, U.S. Economy Statistics, and U.S. Business Risk 19 January 2010 9:54 UTC countries.bridgat.com [Source type: FILTERED WITH BAYES]

)
Labor force
by occupation
farming, forestry, and fishing 0.6%, manufacturing, extraction, transportation, and crafts 22.6%, managerial, professional, and technical 35.5%, sales and office 24.8%, other services 16.5% note: figures exclude the unemployed (2007)
Unemployment 9.7% (February 2010)[5]
Main industries petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, creative industries, electronics, food processing, consumer goods, lumber, mining, defense
External
Exports $994.7 billion f.o.b (2009 est.)
Export goods agricultural products (soybeans, fruit, corn) 9.2%, industrial supplies (organic chemicals) 26.8%, capital goods (transistors, aircraft, motor vehicle parts, computers, telecommunications equipment) 49.0%, consumer goods (automobiles, medicines) 15.0% (2009)
Main export partners .Canada, 13.2%; Mexico, 8.3%; China, 4.3%; Japan, 3.3%.^ Construct one table and/or one graph showing the dollar volume of trade with Canada, Mexico, and Japan from 1991 through 1998.
  • EconEdLink | NAFTA: Are Jobs Being Sucked Out of the United States? 19 January 2010 9:54 UTC www.econedlink.org [Source type: FILTERED WITH BAYES]

^ Imports - partners: Canada 16.9%, China 15%, Mexico 10%, Japan 8.2%, Germany 5% (2005) Population: 298,444,215 (July 2006 est.
  • United States Facts, U.S. Economy Statistics, and U.S. Business Risk 19 January 2010 9:54 UTC countries.bridgat.com [Source type: FILTERED WITH BAYES]

^ Americans also were pursuing specific trade concerns with other countries, including Canada, Mexico, and China.
  • Outline of the U.S. Economy 19 January 2010 9:54 UTC usa.usembassy.de [Source type: FILTERED WITH BAYES]

(2009)[6]
Imports $1.445 trillion c.i.f. (2009 est.)
Import goods agricultural products 4.9%, industrial supplies 32.9% (crude oil 8.2%), capital goods 30.4% (computers, telecommunications equipment, motor vehicle parts, office machines, electric power machinery), consumer goods 31.8% (automobiles, clothing, medicines, furniture, toys) (2009)
Main import partners .China, 15.4%; Canada, 11.6%; Mexico, 9.1%; Japan, 4.9%; Germany, 3.7%.^ December 30th, 2008 at 11:26 am i say, we oughtta annex both canada and mexico.
  • The Coming Collapse of the United States – Neatorama 19 January 2010 9:54 UTC www.neatorama.com [Source type: Original source]

^ Mexican GDP fell at an annualized rate of 21.5% in the first quarter, following Germany, down 14.4%, and Japan, 15.2%—its worst performance...
  • US economy – News Stories About US economy - Page 1 | Newser 20 September 2009 5:49 UTC www.newser.com [Source type: News]

^ Construct one table and/or one graph showing the dollar volume of trade with Canada, Mexico, and Japan from 1991 through 1998.
  • EconEdLink | NAFTA: Are Jobs Being Sucked Out of the United States? 19 January 2010 9:54 UTC www.econedlink.org [Source type: FILTERED WITH BAYES]

(2009)[6]
FDI stock $2.398 billion .(31 December 2009 est.^ December 31, 2009 at 11:43am .
  • United Nations Association of the United States of America | Facebook 19 January 2010 9:54 UTC www.facebook.com [Source type: FILTERED WITH BAYES]

^ Nouriel Roubini December 31, 2009 .
  • Roubini Global Economics - United States 19 January 2010 9:54 UTC www.roubini.com [Source type: News]

^ Raja Krishna woohoo December 31, 2009 at 11:09am Evelyn Glad to hear about US cooperation in the different venues!
  • United Nations Association of the United States of America | Facebook 19 January 2010 9:54 UTC www.facebook.com [Source type: FILTERED WITH BAYES]

)
Gross external debt $13.77 trillion (30 June 2008)
Public finances
Public debt $12.28 trillion (January 2010)[7] 84% of GDP
Revenues $2.106 trillion (2009)[8]
Expenses $3.515 trillion (2009)[8]
Economic aid ODA $19 billion, 0.2% of GDP (2004)[9]
Main data source: CIA World Fact Book
All values, unless otherwise stated, are in US dollars
Throughout this article, the unqualified term "dollar" and the $ symbol refer to the US dollar.
.The economy of the United States is the largest national economy in the world.^ "The United States confirms its position as the most competitive economy in the world.
  • The United States, Switzerland, Denmark and Sweden take the lead in the rankings of the World Economic Forum's Global Competitiveness index 2007-2008; Ireland retains 22nd ranking 19 January 2010 9:54 UTC www.finfacts.com [Source type: News]

^ And what is the role of the United States in the world economy today?
  • The Middle Is Falling Out of the Economy | The American Prospect 19 January 2010 9:54 UTC www.prospect.org [Source type: FILTERED WITH BAYES]

^ The United States was officially an independent nation.
  • The United States of America 19 January 2010 9:54 UTC www.solcomhouse.com [Source type: FILTERED WITH BAYES]

.[10] Its nominal gross domestic product (GDP) was estimated at $14.2 trillion in 2009, which is about three times that of the world's second largest national economy, Japan.^ International comparison of gross domestic product .
  • Public Agenda Citizen's Survival Kit: The Economy – Keeping Up And Staying Ahead | Public Agenda 19 January 2010 9:54 UTC www.publicagenda.org [Source type: News]

^ By Daniel Gross Sep 14, 2009 .
  • How Lehman Shook the Global Economy - Newsweek.com 19 January 2010 9:54 UTC www.newsweek.com [Source type: News]

^ Nominal GDP ($) Nominal GDP: Gross Domestic Product (GDP) is the value of a nation’s output of goods and services during a period.
  • United States Country Profile | United States Economy | History, Culture & Economy | Thomas White Funds 19 January 2010 9:54 UTC www.thomaswhite.com [Source type: FILTERED WITH BAYES]

[2] .Its GDP by PPP is almost twice that of the second largest, China.^ The trendline for World GDP growth is now at a robust 4.5% a year at PPP, and the world economy has not had a year of negative growth since 1973, with almost no year growing under 1% since 1983.
  • The Futurist: The US Economy Today - Amazing Resilience 20 September 2009 5:49 UTC futurist.typepad.com [Source type: General]

^ It is the world’s second-largest coal producer, after China, but surpasses both the number three and four producer nations (India and Australia) by nearly a factor of three.
  • Richard Heinberg's MuseLetter: Coal in the United States | Global Public Media 19 January 2010 9:54 UTC globalpublicmedia.com [Source type: FILTERED WITH BAYES]

^ China had the largest percentage of the world's oldest old (almost 17 percent) primarily because its overall population size dwarfs that of most other countries.
  • Article - The United States Population in International Context: 2000 19 January 2010 9:54 UTC www.nationalatlas.gov [Source type: FILTERED WITH BAYES]

.Abduls a fagget The U.S. economy maintains a very high level of output per person (GDP per capita, $46,442 in 2009, ranked at around number ten in the world).^ Too many Russians still operate in the shadow economy; social welfare, as measured by life expectancy and per capita incomes, is so low as to be very worrisome.
  • Alan Larson, Under Secretary of State for Economic, Business and Agricultural Affairs, "Russia and the United States," 3 June 2001 19 January 2010 9:54 UTC www.mtholyoke.edu [Source type: FILTERED WITH BAYES]

^ An increasin g number of high-level government officials-like Karl Rove and Alberto Gonz ales-have been forced out of office.
  • "sfpj@listserve.uwec.edu" Archive - US Economy - Recession, Depression, or Collapse? 20 September 2009 5:49 UTC listserve.uwec.edu [Source type: FILTERED WITH BAYES]

^ What the show masks is a very deep worry and fear among the global elite that it really doesn't know the direction in which the world economy is heading and the measures needed to stabilize it.
  • Foreign Policy in Focus | U-20: Will the Global Economy Resurface? 19 January 2010 9:54 UTC www.fpif.org [Source type: FILTERED WITH BAYES]

.Historically, the U.S. economy has maintained a stable overall GDP growth rate, a low unemployment rate, and high levels of research and capital investment funded by both national and, because of decreasing saving rates, increasingly by foreign investors.^ GDP states have unemployment rates above the 6.7% national rate.
  • Gross Domestic Product: 40 Percent of the United States GDP comes from 5 States; California, Texas, New York, Florida, and Illinois. 19 January 2010 9:54 UTC www.mybudget360.com [Source type: News]

^ Unemployment and foreclosure rates remain high.
  • Long-term, growth-oriented policies key to re-energizing U.S. economy 19 January 2010 9:54 UTC www.exxonmobil.com [Source type: News]

^ Despite the strong growth, despite the low unemployment, we have a continued low inflation rate.
  • A "New Economy" in the United States? 19 January 2010 9:54 UTC www.trilateral.org [Source type: Original source]

.In 2009, consumer spending made up 71% percent of the United States Gross Domestic Product.^ Percent changes in real gross domestic product, 1959-2007 B-5.
  • Economic Report of the President: 2008 Report Spreadsheet Tables 20 September 2009 5:49 UTC www.gpoaccess.gov [Source type: Academic]

^ International comparison of gross domestic product .
  • Public Agenda Citizen's Survival Kit: The Economy – Keeping Up And Staying Ahead | Public Agenda 19 January 2010 9:54 UTC www.publicagenda.org [Source type: News]

^ Percent changes in real gross domestic product, 1959-2008 B-5.
  • Economic Report of the President: 2009 Report Spreadsheet Tables 20 September 2009 5:49 UTC www.gpoaccess.gov [Source type: Academic]

[11]
.Since the 1970's, the United States economy has absorbed savings from the rest of the world.^ "The United States confirms its position as the most competitive economy in the world.
  • The United States, Switzerland, Denmark and Sweden take the lead in the rankings of the World Economic Forum's Global Competitiveness index 2007-2008; Ireland retains 22nd ranking 19 January 2010 9:54 UTC www.finfacts.com [Source type: News]

^ The new U.S. role in world affairs - The United States since 1945 .
  • United States -- Britannica Online Encyclopedia 19 January 2010 9:54 UTC www.britannica.com [Source type: Reference]

^ The United States is a superpower with a huge economy.
  • The American Conservative -- United States of Argentina 19 January 2010 9:54 UTC www.amconmag.com [Source type: Original source]

The phenomenon is subject to discussion among economists. .Like other developed countries, the United States faces retiring baby boomers who have already begun withdrawing from their Social Security accounts; however, the American population is young and growing when compared to Europe or Japan.^ Advantage: the United States, by a country mile.
  • China More Powerful than the United States? | The Foundry: Conservative Policy News. 19 January 2010 9:54 UTC blog.heritage.org [Source type: News]

^ However, the United States also had a slightly younger population than most other developed countries for two reasons.
  • Article - The United States Population in International Context: 2000 19 January 2010 9:54 UTC www.nationalatlas.gov [Source type: FILTERED WITH BAYES]

^ Think about what we produce in the United States versus other countries.
  • Disease Economy: How the United States economy runs on "treating" chronic disease 19 January 2010 9:54 UTC www.naturalnews.com [Source type: FILTERED WITH BAYES]

.The United States public debt is in excess of $12 trillion and continues to grow at a rate of about $3.83 billion each day.^ Fitch affirms United States' AAA debt ratings .
  • Fitch affirms United States' AAA debt ratings 19 January 2010 9:54 UTC www.sfgate.com [Source type: News]

^ Books about History of United States .
  • United States of America Profile - USA Geography, Travel and Tourism, People and Culture - Nations Online 19 January 2010 9:54 UTC www.nationsonline.org [Source type: News]

^ Best Places to Live in the United States Home prices drop but at a slower rate Get waterfront living for a lot less Best way to find a home loan Features Health care is a fraud 'goldmine' Health care fraud collectively may cost Americans about $100 billion a year.
  • The fastest growing cities in the United States - Jul. 1, 2009 19 January 2010 9:54 UTC money.cnn.com [Source type: News]

[12]
.The American labor market has attracted immigrants from all over the world and has one of the world's highest migration rates.^ Also note that only one of them represents a mainstream press organization, ABC. The information in these links is and has been out there all along, and the mainstream American press are perfectly aware of it.
  • Pajamas Media » The United States of Audacity 19 January 2010 9:54 UTC pajamasmedia.com [Source type: Original source]

^ It is no accident that the one period of broadly shared prosperity in American history coincides with the one period of union strength in American history—World War II and the three subsequent decades.
  • The Middle Is Falling Out of the Economy | The American Prospect 19 January 2010 9:54 UTC www.prospect.org [Source type: FILTERED WITH BAYES]

^ What were the important factors that directed immigrants in the labor market?
  • Sullivan, R. Economic History of the United States 19 January 2010 9:54 UTC eh.net [Source type: FILTERED WITH BAYES]

.Americans have the highest income per hour worked.^ Notes: Labor productivity is defined as real GDP per hour worked.
  • Is the United States Losing Its Productivity Advantage? - Federal Reserve Bank of New York 19 January 2010 9:54 UTC www.newyorkfed.org [Source type: FILTERED WITH BAYES]

^ Connecticut and Massachusetts pass laws prohibiting children from working over ten hours per day.
  • A Curriculum of United States Labor History for Teachers. 19 January 2010 9:54 UTC www.kentlaw.edu [Source type: FILTERED WITH BAYES]

^ Danbury is located near the beautiful rural area of Connecticut known as Litchfield Hills, an affluent region where per capita income is among the highest in the country.
  • Cities of the United States - The Northeast 19 January 2010 9:54 UTC www.city-data.com [Source type: News]

[13] .The United States is ranked second, down from first in 2008-2009 due to the economic crisis, in the Global Competitiveness Report.^ According to the World Economic Forum, the United States ranks second in world economic competitiveness.
  • About Us | Newsletter Archive | What's the Economy for, Anyway? 19 January 2010 9:54 UTC www.newdream.org [Source type: FILTERED WITH BAYES]

^ United States information on economic freedom .
  • United States information on economic freedom | Facts, data, analysis, charts and more 19 January 2010 9:54 UTC www.heritage.org [Source type: FILTERED WITH BAYES]

^ The European Union and the United States together account for more than half of global gross domestic product.
  • The United States, Germany and Beyond | STRATFOR 19 January 2010 9:54 UTC www.stratfor.com [Source type: Original source]

[14] .The country is the world's largest and most influential financial market, home to major stock and commodities exchanges like NASDAQ, NYSE, AMEX and CME.^ The U.S. has one of the world’s most dynamic and developed financial markets.
  • United States information on economic freedom | Facts, data, analysis, charts and more 19 January 2010 9:54 UTC www.heritage.org [Source type: FILTERED WITH BAYES]

^ Private financial markets around the world may tire of supporting loans to private institutions and investments in private securities in the United States.
  • A "New Economy" in the United States? 19 January 2010 9:54 UTC www.trilateral.org [Source type: Original source]

^ Like most Americans, I assumed that our country's involvement in the Middle East began shortly after World War II, with the advent of the Cold War, the expansion of Gulf oil production, and the emergence of the Arab-Israeli conflict.
  • Columbia News ::: The Middle East and the Making of the United States, 1776 to 1815 19 January 2010 9:54 UTC www.columbia.edu [Source type: Original source]

Contents

History

.The economic history of the United States has its roots in European settlements in the 16th, 17th, and 18th centuries.^ MLA Style: " history of United States ."
  • history of United States -- Britannica Online Encyclopedia 19 January 2010 9:54 UTC www.britannica.com [Source type: Reference]

^ The modern American economy traces its roots to the quest of European settlers for economic gain in the 16th, 17th, and 18th centuries.
  • United States Economy - A Brief History 19 January 2010 9:54 UTC countrystudies.us [Source type: FILTERED WITH BAYES]

^ Books about History of United States .
  • United States of America Profile - USA Geography, Travel and Tourism, People and Culture - Nations Online 19 January 2010 9:54 UTC www.nationsonline.org [Source type: News]

.The American colonies went from marginally successful colonial economies to a small, independent farming economy, which in 1776 became the United States of America.^ The United States was officially an independent nation.
  • The United States of America 19 January 2010 9:54 UTC www.solcomhouse.com [Source type: FILTERED WITH BAYES]

^ The United States made a successful transition from a manufacturing economy to a knowledge economy.
  • United States-China Economic and Security Review Commission Hearing June 7, 2006 - Statement of Edward Jung 19 January 2010 9:54 UTC www.uscc.gov [Source type: FILTERED WITH BAYES]

^ The New World then progressed from a marginally successful colonial economy to a small, independent farming economy and, eventually, to a highly complex industrial economy.
  • United States Economy - A Brief History 19 January 2010 9:54 UTC countrystudies.us [Source type: FILTERED WITH BAYES]

.In 230 years the United States grew to a huge, integrated, industrialized economy that makes up over a quarter of the world economy.^ Throughout the 20th century, the United States was the largest industrial or manufacturing economy in the world.
  • Pillars of the Next American Century - James Kurth - The American Interest Magazine 19 January 2010 9:54 UTC www.the-american-interest.com [Source type: Original source]

^ The United States should not be the policeman of the world.
  • Reform Party of the United States of America > Platform 19 January 2010 9:54 UTC www.rpusa.info [Source type: Original source]

^ The United States has an advanced industrial economy that is highly mechanized.
  • Culture of United States of America - traditional, history, people, clothing, traditions, women, beliefs, food, customs, family, social, dress, marriage, men, life, immigrants, wedding, population, religion 19 January 2010 9:54 UTC www.everyculture.com [Source type: FILTERED WITH BAYES]

.The main causes were a large unified market, a supportive political-legal system, vast areas of highly productive farmlands, vast natural resources (especially timber, coal and oil), an entrepreneurial spirit, a commitment to investing in material and human capital, and at times a willingness to exploit labor.^ So there is a semblance of liberty; but in reality the labourer is exploited and subjected, because, all the land having been appropriated, he cannot procure his subsistence directly from nature, and, goods being produced for the market and not for the producer's own use, he cannot subsist without capital.
  • A Moral History of the United States Government 19 January 2010 9:54 UTC www.ditext.com [Source type: Original source]

^ The health problems resulting from high obesity and unhealthy diets combined with a shortage of doctors is causing the US healthcare system to become highly capitalized so that only the wealthy and middle class can afford health care.
  • American Economy Collapsing - US Economics - The Politics eZine 19 January 2010 9:54 UTC www.lilith-ezine.com [Source type: News]

^ As an economic charter, it established that the entire nation -- stretching then from Maine to Georgia, from the Atlantic Ocean to the Mississippi Valley -- was a unified, or "common," market.
  • United States Economy - A Brief History 19 January 2010 9:54 UTC countrystudies.us [Source type: FILTERED WITH BAYES]

In addition, the U.S. was able to utilize these resources due to a unique set of institutions designed to encourage utilization and extraction..July 2009" style="white-space:nowrap;">[citation needed] As a result, the U.S.'s GDP per capita converged on that of the U.K., as well as other nations that it previously trailed economically.^ Americans contend that free trade benefits other nations as well.
  • Outline of the U.S. Economy 19 January 2010 9:54 UTC usa.usembassy.de [Source type: FILTERED WITH BAYES]

^ While many Americans remained convinced that global economic integration benefited all nations, the growing interdependence created some dislocations as well.
  • United States Economy - A Brief History 19 January 2010 9:54 UTC countrystudies.us [Source type: FILTERED WITH BAYES]

^ Other European nations grappled with war debts, hunger, homelessness, and fear of economic collapse.
  • History Of The United States Of America, Part Seven 19 January 2010 9:54 UTC history-world.org [Source type: Original source]

.The economy has maintained high wages, attracting immigrants by the millions from all over the world.^ Traditional services based jobs (legal, accounting, call centers) which drive the economy now vie for competition all across the world.
  • How the 7 Deadly Sins Could Lead the United States into a Depression, not Recession. Jason Nazar’s Blog 19 January 2010 9:54 UTC www.jasonnazar.com [Source type: General]

^ The economy is marked by steady growth, low unemployment and inflation, rapid advances in technology, a large growing super-rich element, and a high rate of immigration (including 12 million illegal immigrants).
  • United States of America - encyclopedia article - Citizendium 19 January 2010 9:54 UTC en.citizendium.org [Source type: Original source]

^ Implications for the World Economy Let me comment briefly now on the implications of all of this for the rest of the world.
  • A "New Economy" in the United States? 19 January 2010 9:54 UTC www.trilateral.org [Source type: Original source]

In the 19th century, recessions frequently coincided with financial crises. .Because of the great changes in the economy over the centuries, it is difficult to compare the severity of modern recessions to early recessions.^ Having recovered from the worst recession in several decades, the global economy appears to have entered a phase of slower growth, with significant regional variations.
  • United States Country Profile | United States Economy | History, Culture & Economy | Thomas White Funds 19 January 2010 9:54 UTC www.thomaswhite.com [Source type: FILTERED WITH BAYES]

^ The U.S. economy of the 21st century little resembles that of the 18th century, but acceptance of change and embrace of competition remain unchanged.
  • Books - America.gov 19 January 2010 9:54 UTC www.america.gov [Source type: FILTERED WITH BAYES]

^ More about: recession • US economy • depression • Great Depression • IMF • International Monetary Fund • developing countries • emerging markets .
  • US economy – News Stories About US economy - Page 1 | Newser 20 September 2009 5:49 UTC www.newser.com [Source type: News]

[15] .Recessions after World War II appear to have been less severe than earlier recessions, but the reasons for this are unclear.^ The start of World War II was near.
  • History Of The United States Of America, Part Seven 19 January 2010 9:54 UTC history-world.org [Source type: Original source]

^ Economically, World War II was a godsend.
  • The United States, Europe and Bretton Woods II | STRATFOR 19 January 2010 9:54 UTC www.stratfor.com [Source type: Original source]

^ World War II - - - The road to war .
  • United States -- Britannica Online Encyclopedia 19 January 2010 9:54 UTC www.britannica.com [Source type: Reference]

[16] .The Depression of 1893 was one of the worst in American history with the unemployment rate exceeding 10% for half a decade.^ In 1893, a bank panic coincided with the worst depression the United States had ever seen, and the economy stabilized only after the intervention of financial mogul J. P. Morgan.
  • A History of Central Banking in the United States | The Federal Reserve Bank of Minneapolis 19 January 2010 9:54 UTC www.minneapolisfed.org [Source type: Original source]

^ It is no accident that the one period of broadly shared prosperity in American history coincides with the one period of union strength in American history—World War II and the three subsequent decades.
  • The Middle Is Falling Out of the Economy | The American Prospect 19 January 2010 9:54 UTC www.prospect.org [Source type: FILTERED WITH BAYES]

^ In the two decades following World War II, close to one-third of the American non-agricultural work force was unionized.
  • The Middle Is Falling Out of the Economy | The American Prospect 19 January 2010 9:54 UTC www.prospect.org [Source type: FILTERED WITH BAYES]

[17]

After the Great Depression

.For many years following the Great Depression of the 1930s, when the danger of recession appeared most serious, government sought to strengthen the economy by spending heavily itself or cutting taxes so that consumers would spend more, and by fostering rapid growth in the money supply, which also encouraged more spending.^ The Great Depression that began in 1929 would last through the 1930s.
  • History Of The United States Of America, Part Seven 19 January 2010 9:54 UTC history-world.org [Source type: Original source]

^ Consumer spending is the lifeblood of the US economy.

^ No more tax cuts for the rich.
  • Terence Corcoran: Is this the end of America? - FP Comment 19 January 2010 9:54 UTC network.nationalpost.com [Source type: Original source]

.In the 1970s, economic woes brought on by the costs of the Vietnam conflict, major price increases, particularly for energy, created a strong fear of inflation.^ These increasing costs may also force companies – perhaps most notably automakers with their large pool of unionized retirees – to raise prices for their products.
  • Effects of Health Care Spending on the U.S. Economy 19 January 2010 9:54 UTC aspe.hhs.gov [Source type: News]

^ The very low interest rates that were necessary to tide over the post-9/11 economic decline paved the way for an unprecedented increase in housing prices across the country.
  • United States Country Profile | United States Economy | History, Culture & Economy | Thomas White Funds 19 January 2010 9:54 UTC www.thomaswhite.com [Source type: FILTERED WITH BAYES]

^ Prices paid to factories, farmers and other producers last month fell 1.6 percent on lower energy and vehicle costs, the Labor Department reported today.
  • The Futurist: The US Economy Today - Amazing Resilience 20 September 2009 5:49 UTC futurist.typepad.com [Source type: General]

.As a result, government leaders came to concentrate more on controlling inflation than on combating recession by limiting spending.^ The government spends more money than it takes in.

^ Were the attempts made by the government to end inflation through wage and price controls successful?
  • Sullivan, R. Economic History of the United States 19 January 2010 9:54 UTC eh.net [Source type: FILTERED WITH BAYES]

^ Sustained demand for goods combined with labor shortages raised prices, and as expectations for inflation rather than deflation set in, consumers became more willing to spend their money for fear it would be worth less in the future.
  • The United States, Europe and Bretton Woods II | STRATFOR 19 January 2010 9:54 UTC www.stratfor.com [Source type: Original source]

[citation needed]
.Ideas about the best tools for stabilizing the economy changed substantially between the 1960s and the 1990s.^ A successful transition to a more balanced and stable global economy will require very substantial changes to economic policy and financial regulation around the world.
  • tg-152: Speech by Secretary Geithner - The United States and China, Cooperating for Recovery and Growth 19 January 2010 9:54 UTC www.ustreas.gov [Source type: FILTERED WITH BAYES]

^ Excluding the United States, MDCs as a group are likely to see a decrease in population of about 1 percent, and the age distribution of this group of countries will change substantially.
  • Article - The United States Population in International Context: 2000 19 January 2010 9:54 UTC www.nationalatlas.gov [Source type: FILTERED WITH BAYES]

^ No one anymore expects the best ideas to come from the biggest actors in the economy, so should anyone expect the best thinking to be done by the whales of the political world?
  • Imagine Breaking Up The United States - WSJ.com 19 January 2010 9:54 UTC online.wsj.com [Source type: News]

.In the 1960s, government had great faith in fiscal policy—manipulation of government revenues to influence the economy.^ The stock market crash of 1929 led to the Great Depression , which New Deal legislation combated by increasing the federal government’s role in the economy.
  • United States -- Britannica Online Encyclopedia 19 January 2010 9:54 UTC www.britannica.com [Source type: Reference]

^ By then, Britain’s decades as “the workshop of the world” were long past; the British economy centered on finance, and British governments devised economic policy accordingly.
  • Pillars of the Next American Century - James Kurth - The American Interest Magazine 19 January 2010 9:54 UTC www.the-american-interest.com [Source type: Original source]

^ Local Economy Tools of Monetary Policy- How the Fed Influences Change in Our Economy A look at the different monetary tools that the Fed uses to influence and change our economy.

.Since spending and taxes are controlled by the president and the U.S. Congress, these elected officials played a leading role in directing the economy.^ Budget enforcement mechanisms should be focused on controlling spending, not on raising taxes on America's workers and families.
  • Budget of the United States Government, FY 2006 19 January 2010 9:54 UTC www.whitehouse.gov [Source type: FILTERED WITH BAYES]

^ An important factor that was creating a greater focus on its oil was that Nigeria had created an atmosphere of stability since the democratically elected government of President Olusegun Obasanjo had come to power.
  • The Role of The United States in the Global System after September 11th 19 January 2010 9:54 UTC conconflicts.ssrc.org [Source type: Original source]

^ President Obama is considering a mix of spending programs and tax cuts to respond to widening job losses.
  • Failed Economic Policies and Rising Unemployment in the United States of America 19 January 2010 9:54 UTC globalresearch.ca [Source type: News]

.A period of high inflation, high unemployment, and huge government deficits weakened confidence in fiscal policy as a tool for regulating the overall pace of economic activity.^ For millions of Americans the downward spiral - comprising bankruptcies, stock market crashes and a massive decline of economic activity - implies an enlarged risk of being unemployed.
  • Now the Economy is Down, But It Will be Up Again | Journal of Family Life 19 January 2010 9:54 UTC www.journaloffamilylife.org [Source type: FILTERED WITH BAYES]

^ And the Federal Reserve system continued to regulate the overall pace of economic activity, with a watchful eye for any signs of renewed inflation.
  • United States Economy - A Brief History 19 January 2010 9:54 UTC countrystudies.us [Source type: FILTERED WITH BAYES]

^ A successful transition to a more balanced and stable global economy will require very substantial changes to economic policy and financial regulation around the world.
  • tg-152: Speech by Secretary Geithner - The United States and China, Cooperating for Recovery and Growth 19 January 2010 9:54 UTC www.ustreas.gov [Source type: FILTERED WITH BAYES]

Instead, monetary policy assumed growing prominence.[citation needed]
.Since 1971, the U.S. economy has been characterized by somewhat slower growth.^ Having recovered from the worst recession in several decades, the global economy appears to have entered a phase of slower growth, with significant regional variations.
  • United States Country Profile | United States Economy | History, Culture & Economy | Thomas White Funds 19 January 2010 9:54 UTC www.thomaswhite.com [Source type: FILTERED WITH BAYES]

^ William Parker Introduction This course will survey the events and circumstances which shaped the spectacular growth of the United States' economy since 1790.
  • Sullivan, R. Economic History of the United States 19 January 2010 9:54 UTC eh.net [Source type: FILTERED WITH BAYES]

^ Since the mid-1980s, the construction industry has grown faster than most other economic sectors, helping to sustain the overall growth of the economy.
  • Puerto Rico Economy 19 January 2010 9:54 UTC www.topuertorico.org [Source type: FILTERED WITH BAYES]

.The worst recession in recent decades, in terms of lost output, occurred during the 2008 financial crisis, when GDP fell by 3.9% from the spring of 2008 to the spring of 2009. Other significant recessions took place following the 1973 oil crisis, when GDP fell by 3.1% from late 1973 to early 1975, followed by the 1981-82 recession, when GDP dropped by 2.9%.^ Posted November 9, 2009 Financial Crisis .
  • Economy & Trade - United States Mission to Germany 19 January 2010 9:54 UTC infoalert.usembassy.de [Source type: FILTERED WITH BAYES]

^ Lost Decade” of financial legend.
  • The Lost Decade: How the U.S. Financial Crisis Resembles Japan's Ten Years of Misery - And How to Play it 19 January 2010 9:54 UTC moneymorning.com [Source type: News]

^ The financial crisis and oil price drop has had some impact on the oil company.
  • Venezuela�s Oil-Based Economy - Council on Foreign Relations 19 January 2010 9:54 UTC www.cfr.org [Source type: News]
  • Venezuela�s Oil-Based Economy - Council on Foreign Relations 19 January 2010 9:54 UTC www.cfr.org [Source type: News]

[2][18] .Recent, mild recessions have included the 1990-91 downturn, when output fell by 1.3%, and the 2001 recession, in which GDP slid by 0.3%; the 2001 downturn lasted just eight months.^ The economy was last in recession in 2001.
  • United States Economy - News - Times Topics - The New York Times 20 September 2009 5:49 UTC topics.nytimes.com [Source type: News]
  • United States Economy - News - Times Topics - The New York Times 19 January 2010 9:54 UTC topics.nytimes.com [Source type: News]

^ "As a very practical matter, in the last eight months, all we've seen is a massive expansion of spending, a movement of the government to the left very aggressively, and it's been a very conscious decision."
  • Gregg: Congress threatens economy - The Hill's Blog Briefing Room 19 January 2010 9:54 UTC thehill.com [Source type: News]

^ Since the beginning of 1982, the United States has had just 16 months of recession, compared with 43 in France, 70 in Germany and 82 in Japan.
  • The United States: Still the Growth Engine for the World Economy?- Richard Fisher Speeches - News & Events - FRB Dallas 19 January 2010 9:54 UTC dallasfed.org [Source type: FILTERED WITH BAYES]

[18]
.Since 1976, the US has sustained trade deficits with other nations, and since 1982, current account deficits.^ The balance of trade forms part of the current account, which also includes other transactions such as income from the international investment position as well as international aid.

^ The dollar is down 12 percent since reaching a five-year high in early March against a basket of currencies from the nation’s biggest trading partners.

^ At the same time, the U.S. trade deficit, the largest component of the current account deficit, soared to an all-time high in 2005 of $782.7 billion, the fourth consecutive year that America’s trade debts set records.

.In recent years, the primary economic concerns have centered on: high household debt ($14 trillion, including $2.5 trillion in revolving debt),[19] high net national debt ($9 trillion), high corporate debt ($9 trillion), high mortgage debt (over $10 trillion as of 2005 year-end), high unfunded Medicare liability ($30 trillion), high unfunded Social Security liability ($12 trillion), high external debt (amount owed to foreign lenders), high trade deficits, a serious deterioration in the United States net international investment position (NIIP) (-24% of GDP),[20] and high unemployment.^ For example, the United States should help nations with debt repayment.
  • Global Economic Leadership of the United States | Essay Writing Services 19 January 2010 9:54 UTC essaywritingservices.org [Source type: FILTERED WITH BAYES]

^ But it owes $20.081 trillion to foreigners.
  • FT Alphaville » Kemp: “The United States is now, in some very general sense, bankrupt” 19 January 2010 9:54 UTC ftalphaville.ft.com [Source type: Original source]

^ Equally, a deficit decreases the net international asset position.

[21] .In 2006, the U.S economy had its lowest saving rate since 1933.[22] These issues have raised concerns among economists and national politicians.^ Since 1975 output of computers, communication equipment and semis has averaged a 22% growth rate.
  • The State of Manufacturing in the United States 19 January 2010 9:54 UTC cafehayek.com [Source type: Original source]

^ The Government has also raised interest rates a dozen times since mid-2004 to keep inflation ___ ______.

^ (A Nation at Risk 1983) All of these require, the critics maintain, that academic standards be raised.
  • Archived: The Educational System in the United States, Case Study Findings: The Development and Implementation of Education Standards in the United States 19 January 2010 9:54 UTC www.ed.gov [Source type: FILTERED WITH BAYES]

[23]
.The United States entered 2008 during a housing market correction, a subprime mortgage crisis and a declining dollar value.^ And if this was not enough, 2001 also witnessed a 22% decline in the value of the Egyptian pound and the reemergence of a significant black market for foreign currency.
  • Egypt After 9/11: Perceptions of the United States 19 January 2010 9:54 UTC conconflicts.ssrc.org [Source type: FILTERED WITH BAYES]

^ The original project approach gained further relevance as the interview phase started in summer 2008, when most indicators suggest that the subprime mortgage crisis had turned into a major downturn.
  • Now the Economy is Down, But It Will be Up Again | Journal of Family Life 19 January 2010 9:54 UTC www.journaloffamilylife.org [Source type: FILTERED WITH BAYES]

^ Americans were taken hostage in Iran during Carter's term; this crisis together with inflation (rising prices) made Carter's popularity decline.
  • Presidents of the United States, In the order in which they served - EnchantedLearning.com 19 January 2010 9:54 UTC www.enchantedlearning.com [Source type: FILTERED WITH BAYES]

[24] On December 1, 2008, the NBER declared that the United States entered a recession in December 2007, citing employment and production figures as well as the third quarter decline in GDP.[25] The recession did, however, lead to a reduction in record trade deficits, which fell from $840 billion annually during the 2006-08 period, to $535 billion in 2009,[2] as well as to higher personal savings rates, which jumped from a historic low of 1% in early 2008, to nearly 5% in late 2009.[26]
.In 1980, the U.S. public debt was $909 billion - or an amount equal to 33.3% of America's gross domestic product (GDP).^ Gross domestic product, 1959-2008 B-2.
  • Economic Report of the President: 2009 Report Spreadsheet Tables 20 September 2009 5:49 UTC www.gpoaccess.gov [Source type: Academic]

^ See Gross domestic product GDP, Gross national product GNP, and GNP/GDP methodology.
  • US Economy Affects Other Countries :: Financial Articles 20 September 2009 5:49 UTC art.csulb.edu [Source type: FILTERED WITH BAYES]

^ Gross domestic product, 1959-2007 B-2.
  • Economic Report of the President: 2008 Report Spreadsheet Tables 20 September 2009 5:49 UTC www.gpoaccess.gov [Source type: Academic]

.By 1990, that number had more than tripled to $3.2 trillion - or 55.9% of GDP.[27] In 2001 the national debt was $5.7 trillion.^ If nothing is done until 2020, the necessary changes in revenues and outlays amount to 1.3 percent of GDP, more than double the 0.6 percent required if policy changes occur immediately.
  • The Coming Collapse of the US Economy 20 September 2009 5:49 UTC www.urban.org [Source type: Original source]

^ The Coast Ranges are much lower and more divided than the Sierra Nevada, and form a number of small valleys between ranges; these ranges meet the Pacific Ocean.
  • United States of America - encyclopedia article - Citizendium 19 January 2010 9:54 UTC en.citizendium.org [Source type: Original source]

^ And their spending spree will cost us more than $1 trillion, including interest.
  • John Ensign, United States Senator of Nevada: Floor Statements 19 January 2010 9:54 UTC ensign.senate.gov [Source type: News]

[28] .On January 28, 2010, the US debt ceiling was raised to $14.3 trillion dollars.^ Thursday, January 14, 2010 .
  • United States Inflation Rate 19 January 2010 9:54 UTC tradingeconomics.com [Source type: FILTERED WITH BAYES]
  • United States Balance of Trade 19 January 2010 9:54 UTC www.tradingeconomics.com [Source type: News]
  • AEI - The United States and the Environment: Laggard or Leader? 19 January 2010 9:54 UTC www.aei.org [Source type: FILTERED WITH BAYES]

^ January 14, 2010 .
  • The Political Economy of Nuclear Energy in the United States - Brookings Institution 19 January 2010 9:54 UTC www.brookings.edu [Source type: FILTERED WITH BAYES]
  • Failed Economic Policies and Rising Unemployment in the United States of America 19 January 2010 9:54 UTC globalresearch.ca [Source type: News]

^ Thursday January 14, 2010 .
  • The Political Economy of Nuclear Energy in the United States - Brookings Institution 19 January 2010 9:54 UTC www.brookings.edu [Source type: FILTERED WITH BAYES]

[29] Based on the 2010 U.S. budget, total national debt will grow to nearly 100% of GDP, versus a level of approximately 80% in early 2009.[30] The White House estimates that the government’s tab for servicing the debt will exceed $700 billion a year in 2019,[31] up from $202 billion in 2009.[32]
.The U.S. Treasury statistics indicate that, at the end of 2006, non-US citizens and institutions held 44% of federal debt held by the public.^ As we begin 2010, the daily news reports tell us that the economy is on the mend and indicators are suggesting that the recession is ending.
  • FOXNews.com - 4 Reasons Why Our Economy Is Far From Out of the Woods 19 January 2010 9:54 UTC www.foxnews.com [Source type: General]

^ Government transit subsidy of public transportation for all levels of government, 2006: US = 62% Germany = 26% .
  • The United States of Waste « Climate Progress 19 January 2010 9:54 UTC climateprogress.org [Source type: FILTERED WITH BAYES]

^ American institutions, both banks and non-banks, held more than $1.8 trillion in deposits from overseas at the end of 2000.
  • Prosperitas, November 2001: The Adverse Impact of Tax Harmonization and Information Exchange on the U.S. Economy 19 January 2010 9:54 UTC www.freedomandprosperity.org [Source type: Original source]

[33] .China, holding $801.5 billion in treasury bonds, is the largest foreign financier of the record U.S. public debt.^ At the same time, the U.S. trade deficit, the largest component of the current account deficit, soared to an all-time high in 2005 of $782.7 billion, the fourth consecutive year that America’s trade debts set records.

^ Fed foreign holdings of Treasuries and Agency debt rose $583 million to a record $2.855 trillion.
  • Failed Economic Policies and Rising Unemployment in the United States of America 19 January 2010 9:54 UTC globalresearch.ca [Source type: News]

^ To be sure, foreign authorities have acquired a large quantity of dollar assets, but their purchases tend to be concentrated in Treasury and agency securities, not in privately issued equity or debt.
  • FRB: Speech, Kohn--The United States in the World Economy--January 7, 2004 19 January 2010 9:54 UTC www.federalreserve.gov [Source type: FILTERED WITH BAYES]

[34]
.The U.S. economy maintains a relatively high GDP per capita, with the caveat that it relies partly on extensive borrowing and a low to moderate population growth rate; during periods of higher economic growth rates, this combination has made the nation attractive to immigrants worldwide.^ Higher rate during the war .
  • The History of Postage Rates in the United States since 1863 19 January 2010 9:54 UTC www.akdart.com [Source type: General]

^ GDP - real growth rate: .
  • Flag Counter » United States 19 January 2010 9:54 UTC flagcounter.com [Source type: FILTERED WITH BAYES]

^ Population growth rate: .
  • Flag Counter » United States 19 January 2010 9:54 UTC flagcounter.com [Source type: FILTERED WITH BAYES]

[citation needed]

Overview

United States wealth compared to the rest of the world in the year 2000
Year-on-year change in total net worth of US households and nonprofit organizations 1946-2007, unadjusted for inflation or population change.
.A central feature of the U.S. economy is the economic freedom afforded to the private sector by allowing the private sector to make the majority of economic decisions in determining the direction and scale of what the U.S. economy produces.^ Since the mid-1980s, the construction industry has grown faster than most other economic sectors, helping to sustain the overall growth of the economy.
  • Puerto Rico Economy 19 January 2010 9:54 UTC www.topuertorico.org [Source type: FILTERED WITH BAYES]

^ Second, China has become a major player in the global capitalist economy and has been playing an increasingly important role in sustaining global economic growth.
  • An Age of Transition: The United States, China, Peak Oil, and the Demise of Neoliberalism - Monthly Review 19 January 2010 9:54 UTC www.monthlyreview.org [Source type: FILTERED WITH BAYES]

^ Private Sector Obama Needs Time to Affect the Economy The citizens of the world need to give the leaders of the world time to fix the economy.

[35] .This is enhanced by relatively low levels of regulation and government involvement,[36] as well as a court system that generally protects property rights and enforces contracts.^ This, as well as having adverse effects in itself in a capital-scarce region, depressed the general price level in this area relative to the price of unsettled land (which was set arbitrarily by Congress), and discouraged movement to settlement in these areas.
  • The Destruction of the Second Bank of the United States 19 January 2010 9:54 UTC www.maths.tcd.ie [Source type: FILTERED WITH BAYES]

^ These important provisions ensure that state regulatory agencies have the appropriate tools necessary to enforce tough regulations at the state level to regulate risky financial transactions, prevent predatory lending, and protect consumers, homeowners, and investors.

^ At low levels of productivity, the positive catch-up effects dominate, and countries may grow fast relative to the frontier.
  • Is the United States Losing Its Productivity Advantage? - Federal Reserve Bank of New York 19 January 2010 9:54 UTC www.newyorkfed.org [Source type: FILTERED WITH BAYES]

.From its emergence as an independent nation, the United States has encouraged science and invention.^ The United States was officially an independent nation.
  • The United States of America 19 January 2010 9:54 UTC www.solcomhouse.com [Source type: FILTERED WITH BAYES]

^ This is also encouraged by government institutions in the United States.
  • LECTURE BY AMBASSADOR ODEEN ISHMAEL AT HOWARD UNIVERSITY: THE IMPACT OF THE SEPTEMBER 11, 2001 TERRORIST ATTACK AGAINST THE UNITED STATES ON THE CARIBBEAN POLITICAL ECONOMY - 30 January 2003 19 January 2010 9:54 UTC www.guyana.org [Source type: Original source]

^ The United States has always been a resource-rich nation, but in 1776, the year the Nation declared its independence from Great Britain, nearly all energy was still supplied by muscle power and fuelwood.
  • Energy in the United States: 1635 - 2000 19 January 2010 9:54 UTC www.mnforsustain.org [Source type: FILTERED WITH BAYES]

[37]
.The United States is rich in mineral resources and fertile farm soil, and it is fortunate to have a moderate climate.^ The United States has been fortunate to possess superior supplies of these resources.
  • FOOD, LAND, POPULATION and the U.S. ECONOMY 19 January 2010 9:54 UTC www.dieoff.org [Source type: FILTERED WITH BAYES]

^ The United States has always been a resource-rich nation, but in 1776, the year the Nation declared its independence from Great Britain, nearly all energy was still supplied by muscle power and fuelwood.
  • Energy in the United States: 1635 - 2000 19 January 2010 9:54 UTC www.mnforsustain.org [Source type: FILTERED WITH BAYES]

^ Because North Korea has no vital resources such as oil however the United States has been surprisingly mum on the issue.
  • The United States of America: A Failing Superpower- The Politics eZine 19 January 2010 9:54 UTC www.lilith-ezine.com [Source type: FILTERED WITH BAYES]

.It also has extensive coastlines on both the Atlantic and Pacific Oceans, as well as on the Gulf of Mexico.^ North America, bordering both the North Atlantic Ocean and the North Pacific Ocean, between Canada and Mexico .
  • CIA - The World Factbook 2002 -- United States 19 January 2010 9:54 UTC www.faqs.org [Source type: FILTERED WITH BAYES]

^ Pacific Basin; hurricanes along the Atlantic and Gulf of Mexico coasts; tornadoes in the midwest and southeast; mud slides in California; forest fires in the west; flooding; permafrost in northern Alaska, a major impediment to development .
  • CIA - The World Factbook 2002 -- United States 19 January 2010 9:54 UTC www.faqs.org [Source type: FILTERED WITH BAYES]

^ Roosevelt increased the size of the U.S. Navy and started construction of the Panama Canal (a canal across Panama to connect the Atlantic Ocean and the Pacific Ocean).
  • Presidents of the United States, In the order in which they served - EnchantedLearning.com 19 January 2010 9:54 UTC www.enchantedlearning.com [Source type: FILTERED WITH BAYES]

.Rivers flow from far within the continent, and the Great Lakes—five large, inland lakes along the U.S. border with Canada—provide additional shipping access.^ He later negotiated the treaty with Canada that placed the border west of the Great Lakes at the 49th parallel.
  • Presidents of the United States, In the order in which they served - EnchantedLearning.com 19 January 2010 9:54 UTC www.enchantedlearning.com [Source type: FILTERED WITH BAYES]

^ And I’m in agreement that the great lakes reigon would align itself with Canada, specifically Ontario, as in the old fur trader days of the 1600s.
  • The Coming Collapse of the United States – Neatorama 19 January 2010 9:54 UTC www.neatorama.com [Source type: Original source]

^ Major navigable inland waterways include the Mississippi River, which cuts north to south through the east-central part of the country; the Great lakes in the upper Midwest, the largest freshwater lake group in the world; and the Saint Lawrence River.
  • Culture of United States of America - traditional, history, people, clothing, traditions, women, beliefs, food, customs, family, social, dress, marriage, men, life, immigrants, wedding, population, religion 19 January 2010 9:54 UTC www.everyculture.com [Source type: FILTERED WITH BAYES]

.These extensive waterways have helped shape the country's economic growth over the years and helped bind America's 50 individual states together in a single economic unit.^ And although the United States allows more political freedom than any other country, because of media control by corporations, it is extremely hard to get a political consensus about better economic policies.
  • A Moral History of the United States Government 19 January 2010 9:54 UTC www.ditext.com [Source type: Original source]

^ While each of these factors has played some role, a large body of economic research has concluded that trade is responsible for at least 15% to 25% of the growth in wage inequality in the United States (U.S. Trade Deficit Review Commission 2000, 110-18).
  • The high price of ‘free’ trade 19 January 2010 9:54 UTC www.epi.org [Source type: FILTERED WITH BAYES]

^ Over the past decade, productivity growth in the European Union’s 15 core countries, for example, has averaged 1 percent a year, far less than the United States.
  • The United States: Still the Growth Engine for the World Economy?- Richard Fisher Speeches - News & Events - FRB Dallas 19 January 2010 9:54 UTC dallasfed.org [Source type: FILTERED WITH BAYES]

[38]
.The number of workers and, more importantly, their productivity help determine the health of the U.S. economy.^ Both the House and Senate bills are an example of how goals detached from reality can do far more harm than good to our economy and to American workers.
  • Remarks to the United States Chamber of Commerce by John S. Watson 19 January 2010 9:54 UTC www.chevron.com [Source type: FILTERED WITH BAYES]

^ Extending this tax credit is good policy for the housing industry and the entire economy, and more importantly good for families looking to purchase a home.

^ Once highly dependent on agricultural production, the city's economy has become more diverse and now also relies on manufacturing.
  • Cities of the United States - The West 19 January 2010 9:54 UTC www.city-data.com [Source type: FILTERED WITH BAYES]

.Throughout its history, the United States has experienced steady growth in the labor force, a phenomenon that is both cause and effect of almost constant economic expansion.^ MLA Style: " history of United States ."
  • history of United States -- Britannica Online Encyclopedia 19 January 2010 9:54 UTC www.britannica.com [Source type: Reference]

^ The United States has the bloodiest history of labor of any industrialized nation on Earth.
  • A Curriculum of United States Labor History for Teachers. 19 January 2010 9:54 UTC www.kentlaw.edu [Source type: FILTERED WITH BAYES]

^ This requires constant attention of the United States.
  • The United States and China in the Age of Globalization 19 January 2010 9:54 UTC www.uscc.gov [Source type: Original source]

.Until shortly after World War I, most workers were immigrants from Europe, their immediate descendants, or African Americans who were mostly slaves taken from Africa, or slave descendants.^ War on west Africa to take slaves.
  • United States of America - Uncyclopedia, the content-free encyclopedia 19 January 2010 9:54 UTC uncyclopedia.wikia.com [Source type: Original source]

^ African-Americans, mostly descended from slaves brought from Africa in the 1700s, were recently displaced as the largest minority group by Hispanics, who arrived from Mexico and other Latin American nations.
  • United States of America - encyclopedia article - Citizendium 19 January 2010 9:54 UTC en.citizendium.org [Source type: Original source]

^ Like most Americans, I assumed that our country's involvement in the Middle East began shortly after World War II, with the advent of the Cold War, the expansion of Gulf oil production, and the emergence of the Arab-Israeli conflict.
  • Columbia News ::: The Middle East and the Making of the United States, 1776 to 1815 19 January 2010 9:54 UTC www.columbia.edu [Source type: Original source]

.Beginning in the early 20th century, many Latin Americans immigrated; followed by large numbers of Asians following removal of nation-origin based immigration quotas.^ European immigrants came to the United States in large numbers in the early 20th century.
  • United States -- Britannica Online Encyclopedia 19 January 2010 9:54 UTC www.britannica.com [Source type: Reference]

^ During the 19th and 20th centuries, 37 new states were added to the original 13 as the nation expanded across the North American continent and acquired a number of overseas possessions.
  • United States of America Profile - USA Geography, Travel and Tourism, People and Culture - Nations Online 19 January 2010 9:54 UTC www.nationsonline.org [Source type: News]
  • Flag Counter » United States 19 January 2010 9:54 UTC flagcounter.com [Source type: FILTERED WITH BAYES]

^ While many Americans remained convinced that global economic integration benefited all nations, the growing interdependence created some dislocations as well.
  • United States Economy - A Brief History 19 January 2010 9:54 UTC countrystudies.us [Source type: FILTERED WITH BAYES]

.The promise of high wages brings many highly skilled workers from around the world to the United States.^ The United States should not be the policeman of the world.
  • Reform Party of the United States of America > Platform 19 January 2010 9:54 UTC www.rpusa.info [Source type: Original source]

^ The United States has produced many of the world’s standards for over a century.
  • United States-China Economic and Security Review Commission Hearing June 7, 2006 - Statement of Edward Jung 19 January 2010 9:54 UTC www.uscc.gov [Source type: FILTERED WITH BAYES]

^ The economy of the United States is the largest in the world.
  • United States Inflation Rate 19 January 2010 9:54 UTC tradingeconomics.com [Source type: FILTERED WITH BAYES]

.Labor mobility has also been important to the capacity of the American economy to adapt to changing conditions.^ The price of fuel had forced many Americans to change their way of living to adjust to the new economy.
  • Economy of United States - US Economy 19 January 2010 9:54 UTC www.buzzle.com [Source type: News]

^ Reasons for the ultimate failure of radical labor movements in the American economy.
  • Sullivan, R. Economic History of the United States 19 January 2010 9:54 UTC eh.net [Source type: FILTERED WITH BAYES]

^ To master the global economy, our work force must be creative, independent, and able to adapt to rapid change.
  • http://www.gop.com/2008platform/economy.htm 19 January 2010 9:54 UTC www.gop.com [Source type: Original source]

.September 2009" style="white-space:nowrap;">[citation needed] When immigrants flooded labor markets on the East Coast, many workers moved inland, often to farmland waiting to be tilled.^ Many new workers were immigrants.
  • United States Economy - A Brief History 19 January 2010 9:54 UTC countrystudies.us [Source type: FILTERED WITH BAYES]

^ In addition, the enlargement of standing armies absorbed many workers, often young males with few skills and less education.
  • Republic or empire: A National Intelligence Estimate on the United States—By Chalmers A. Johnson (Harper's Magazine) 19 January 2010 9:54 UTC harpers.org [Source type: Original source]

^ As other countries became more successful, U.S. workers in exporting industries worried that other countries were flooding the United States with their goods while keeping their own markets closed.
  • Outline of the U.S. Economy 19 January 2010 9:54 UTC usa.usembassy.de [Source type: FILTERED WITH BAYES]

.Similarly, economic opportunities in industrial, northern cities attracted black Americans from southern farms in the first half of the 20th century, in what was known as the Great Migration.^ The economic impact of the iron industry on nineteenth century American economic growth.
  • Sullivan, R. Economic History of the United States 19 January 2010 9:54 UTC eh.net [Source type: FILTERED WITH BAYES]

^ Thus, for most of the 20th century no other great power could match America’s military power, and the main reason was the dominance of American economic power as manifested in all three of the dimensions of industry, finance and technology.
  • Pillars of the Next American Century - James Kurth - The American Interest Magazine 19 January 2010 9:54 UTC www.the-american-interest.com [Source type: Original source]

^ The unfilled wants of American families now living on inadequate incomes constitute a great underdeveloped economic frontier — a new and expansible market for the products of American industry.
  • Reasons for Measuring Poverty in the United States in the Context of Public Policy--A Historical Review, 1916-1995 19 January 2010 9:54 UTC aspe.hhs.gov [Source type: Academic]

.In the United States, the corporation has emerged as an association of owners, known as stockholders, who form a business enterprise governed by a complex set of rules and customs.^ The federal government of the United States serves corporate interests.
  • The Coming Collapse of the United States – Neatorama 19 January 2010 9:54 UTC www.neatorama.com [Source type: Original source]

^ Is the United States government effectively bankrupt?

^ The complex interaction and competition between states, households, ethnic groups, and business enterprises for comparative advantage makes the capitalist world system highly dynamic.
  • Andrew Gamble, "Hegemony and Decline: Britain and the United States," in Two Hegemonies: Britain 1846-1914 and the United States 1941-2001 edited by Patrick Karl O'Brien and Armand Clesse (Aldershot: Ashgate Publishing, Ltd., 2002), pp. 127-140 19 January 2010 9:54 UTC www.mtholyoke.edu [Source type: Original source]

.Brought on by the process of mass production, corporations, such as General Electric, have been instrumental in shaping the United States.^ The United States at war - - - War production .
  • United States -- Britannica Online Encyclopedia 19 January 2010 9:54 UTC www.britannica.com [Source type: Reference]

^ From a careful biography of Jack Welch's stewardship of General Electric we learn that "GE has either closed or sold 98 plants in the United States during the Welch era, 43% of the 228 it operated in 1980."
  • Seymour Melman: In the Grip of a Permanent War Economy 19 January 2010 9:54 UTC www.counterpunch.org [Source type: News]

^ For 233 years, the people of the United States have demonstrated that they are masters of the process of creative destruction that the economist Joseph Schumpeter articulated as the key to success for any economy.
  • The Economic Situation of the United States and the Federal Reserve’s Response - Richard Fisher Speeches, 4-08-09 - News & Events - FRB Dallas 19 January 2010 9:54 UTC dallasfed.org [Source type: Original source]

.Through the stock market, American banks and investors have grown their economy by investing and withdrawing capital from profitable corporations.^ Steve: Half of Americans are invested in the stock market.
  • Pajamas Media » The United States of Audacity 19 January 2010 9:54 UTC pajamasmedia.com [Source type: Original source]

^ Toads: “Half of Americans are invested in the stock market.” .
  • Pajamas Media » The United States of Audacity 19 January 2010 9:54 UTC pajamasmedia.com [Source type: Original source]

^ The stock market crash of 1929 led to the Great Depression , which New Deal legislation combated by increasing the federal government’s role in the economy.
  • United States -- Britannica Online Encyclopedia 19 January 2010 9:54 UTC www.britannica.com [Source type: Reference]

.Today in the era of globalization, American investors and corporations have influence all over the world.^ While many Americans remained convinced that global economic integration benefited all nations, the growing interdependence created some dislocations as well.
  • United States Economy - A Brief History 19 January 2010 9:54 UTC countrystudies.us [Source type: FILTERED WITH BAYES]

^ So great has this influence become, that it is now safe to say the global popular culture is predominantly American.
  • United States Country Profile | United States Economy | History, Culture & Economy | Thomas White Funds 19 January 2010 9:54 UTC www.thomaswhite.com [Source type: FILTERED WITH BAYES]

^ As the U.S. was by far the dominant economic power by then, it naturally became home to the biggest media and entertainment corporations which accentuated the American influence over global popular culture.
  • United States Country Profile | United States Economy | History, Culture & Economy | Thomas White Funds 19 January 2010 9:54 UTC www.thomaswhite.com [Source type: FILTERED WITH BAYES]

.The American government is also included among major the investors in the American economy.^ Once again, the U.S. economy was growing faster than the economies of America's major trading partners, and Americans consequently were buying foreign goods at a faster pace than people in other countries were buying American goods.
  • Outline of the U.S. Economy 19 January 2010 9:54 UTC usa.usembassy.de [Source type: FILTERED WITH BAYES]

^ The American economy will suffer if foreign governments get the power to tax income earned in the United States.
  • Prosperitas, November 2001: The Adverse Impact of Tax Harmonization and Information Exchange on the U.S. Economy 19 January 2010 9:54 UTC www.freedomandprosperity.org [Source type: Original source]

^ N ow, at the start of the twenty-first century, every major aspect of American life is being shaped by our Permanent War Economy.
  • Seymour Melman: In the Grip of a Permanent War Economy 19 January 2010 9:54 UTC www.counterpunch.org [Source type: News]

.Government investments have been directed towards public works of scale (such as from the Hoover Dam), military-industrial contracts, and the financial industry.^ The second is to foster industry and public-works projects that create decent jobs within the U.S. With the advent of sovereign wealth funds, we've reached the point where other nations' governments make strategic investments in the American economy while our own government makes no such commitment.
  • The Middle Is Falling Out of the Economy | The American Prospect 19 January 2010 9:54 UTC www.prospect.org [Source type: FILTERED WITH BAYES]

^ Investment banks and the financial services industry made a great deal of money on securitizing all manner of risk.
  • US Economy Forecast 2008 - First Recession then Recovery :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website 20 September 2009 5:49 UTC www.marketoracle.co.uk [Source type: News]

^ Attendees at the World of Asphalt Show and Conference hoped federal stimulus money directed toward state transportation departments would begin to revive their industry.
  • Economic Stimulus - The New York Times 19 January 2010 9:54 UTC topics.nytimes.com [Source type: News]

.While consumers and producers make most decisions that mold the economy, government has a powerful effect on the U.S. economy in at least four areas, as the government uses a capitalist system.^ The complex interaction and competition between states, households, ethnic groups, and business enterprises for comparative advantage makes the capitalist world system highly dynamic.
  • Andrew Gamble, "Hegemony and Decline: Britain and the United States," in Two Hegemonies: Britain 1846-1914 and the United States 1941-2001 edited by Patrick Karl O'Brien and Armand Clesse (Aldershot: Ashgate Publishing, Ltd., 2002), pp. 127-140 19 January 2010 9:54 UTC www.mtholyoke.edu [Source type: Original source]

^ In this sense, globalization acts as a check on governmental power that makes it more difficult for governments to abuse the freedom and property of their citizens.
  • The Benefits of Globalization | Cato's Center for Trade Policy Studies 20 September 2009 5:49 UTC www.freetrade.org [Source type: FILTERED WITH BAYES]

^ Do you think a free-market, capitalist economy (an economic system in which prices and wages are determined by unrestricted competition between businesses, with limited government regulation or fear of monopolies) is the best economic system or not?"
  • Harris Interactive | The Harris Poll - Six Nation Survey Finds Little Enthusiasm for Free Market Capitalism in Western Europe or the United States 19 January 2010 9:54 UTC www.harrisinteractive.com [Source type: Original source]

.Strong government regulation in the U.S. economy started in the early 1900s with the rise of the Progressive Movement; prior to this the government promoted economic growth through protective tariffs and subsidies to industry, built infrastructure, and established banking policies, including the gold standard, to encourage savings and investment in productive enterprises.^ Promoting Savings through the Tax Code .
  • http://www.gop.com/2008platform/economy.htm 19 January 2010 9:54 UTC www.gop.com [Source type: Original source]

^ Hands on policy regulated economy.
  • Counterarguments Regarding the United States Economy from Conservative and Liberal Mindsets @ Omni Prime 19 January 2010 9:54 UTC plaza.ufl.edu [Source type: Original source]

^ In the early 1900s a social movement was established to protest child labor.
  • 04.01.08: The History of Child Labor in the United States: Hammer v. Dagenhart 19 January 2010 9:54 UTC www.yale.edu [Source type: Original source]

.On June 26, 2009, Jeff Immelt, the CEO of General Electric, called for the United States to increase its manufacturing base employment to 20% of the workforce, commenting that the U.S. has outsourced too much in some areas and can no longer rely on the financial sector and consumer spending to drive demand.^ The United States is heavily reliant on coal.
  • Counterarguments Regarding the United States Economy from Conservative and Liberal Mindsets @ Omni Prime 19 January 2010 9:54 UTC plaza.ufl.edu [Source type: Original source]

^ The United States has an incredible demand for energy.
  • Counterarguments Regarding the United States Economy from Conservative and Liberal Mindsets @ Omni Prime 19 January 2010 9:54 UTC plaza.ufl.edu [Source type: Original source]

^ Analysis United States: tomorrow's employment .
  • Roubini Global Economics - United States 19 January 2010 9:54 UTC www.roubini.com [Source type: News]

[39]

Education

.In 2007, Americans stood second only to Canada in the percentage of 35 to 64 year olds holding at least two-year degrees.^ At least 35 years old.
  • President of the United States of America@Everything2.com 19 January 2010 9:54 UTC everything2.com [Source type: Original source]

^ Every country buys China products not just the US. America only makes up 7% of China's GDP. America currency is being manipulated for the last two years by china.
  • Total Meltdown of the US economy (bankrupcy, credit card, debt, buy) - Business, Finance, and Investing - City-Data Forum 20 September 2009 5:49 UTC www.city-data.com [Source type: General]

^ As a historian, I can equate the present generation of Americans as being similar to the American generation just after the Second World War when the United States was then the only power that had mastery in the world.
  • The Secret of United States Economic Success 19 January 2010 9:54 UTC www.askelm.com [Source type: Original source]

.Among 25 to 34 year olds, the country stands tenth.^ One example is 25-year-old Jason Helmer from Merritt Island, Florida, a sales assistant in a local store.
  • Now the Economy is Down, But It Will be Up Again | Journal of Family Life 19 January 2010 9:54 UTC www.journaloffamilylife.org [Source type: FILTERED WITH BAYES]

^ Russia’s male life expectancy has fallen by five years since the 1960s, and now stands at just 59, comparable to that of many Third World countries.
  • Trends in the European Union and Russia: Implications for the United States 19 January 2010 9:54 UTC www.heritage.org [Source type: FILTERED WITH BAYES]

The nation stands 15 out of 29 rated nations for college completion rates, slightly above Mexico and Turkey.[40] .According to government data, one-tenth of students are enrolled in private schools.^ According to one study, during the 1980s and 90s, immigration reduced the wages of high school dropouts 7.4 percent; high school graduates 2.1 percent; workers with some college experience 2.3 percent; and college graduates 3.6 percent.
  • The Economic Impacts of Mass Immigration into the United States: And the Proper Progressive Response « PFIR 19 January 2010 9:54 UTC www.progressivesforimmigrationreform.org [Source type: Original source]

^ The federal government does not determine what students should know and be able to do in any subject at any level of schooling.
  • Archived: The Educational System in the United States, Case Study Findings: The Development and Implementation of Education Standards in the United States 19 January 2010 9:54 UTC www.ed.gov [Source type: FILTERED WITH BAYES]

^ Given anticipated growth in government demand for engineer- ing resources, sensitizing students to basic differences in the servicing of the public and private sectors is of considerable importance.
  • Engineering Education and Practice in the United States: Foundations of Our Techno-Economic Future 19 January 2010 9:54 UTC www.nap.edu [Source type: FILTERED WITH BAYES]

.Approximately 85% of students enter the public schools.^ The Rutland City Public School district is comprised of 3,000 students in six schools and three special programs, supported by a staff of about 500.
  • Cities of the United States - The Northeast 19 January 2010 9:54 UTC www.city-data.com [Source type: News]

^ Ithaca's public school system is large and highly diverse, with students of 80 nationalities and an enrollment that is 26 percent students of color.
  • Cities of the United States - The Northeast 19 January 2010 9:54 UTC www.city-data.com [Source type: News]

^ According to the superintendent, test scores of public school students in Montpelier are above state and national norms, and 80 percent of high school graduates go on to college.
  • Cities of the United States - The Northeast 19 January 2010 9:54 UTC www.city-data.com [Source type: News]

[41] In 1971, the Supreme Court ruled unanimously that forced busing of students may be ordered to achieve racial desegregation.[42]
.The United States Department of Education’s 2003 statistics suggest that 14% of the population – or 32 million adults – have very low literacy skills.^ The population of the United States reached 300 million in 2006.
  • United States of America - encyclopedia article - Citizendium 19 January 2010 9:54 UTC en.citizendium.org [Source type: Original source]

^ Hispanic population by state in the United States, 2000.
  • United States -- Britannica Online Encyclopedia 19 January 2010 9:54 UTC www.britannica.com [Source type: Reference]

^ On May 14, 1801, Tripoli became the first foreign state to formally declare war against an independent United States.
  • Columbia News ::: The Middle East and the Making of the United States, 1776 to 1815 19 January 2010 9:54 UTC www.columbia.edu [Source type: Original source]

[43]
There are 4,352 colleges, universities, and junior colleges in the country.[44] .In 2003 a Supreme Court decision concerning affirmative action in universities allowed educational institutions to consider race as a factor in admitting students.^ Now the Leagues Sub-Committee of theFA has recommended that university or higher education clubs should not be allowed to compete above step five of the non-league system.
  • The Political Economy of Football | UK and World Soccer 19 January 2010 9:54 UTC footballeconomy.com [Source type: News]

^ As a result, John Davis and attorney, W.C. Hammer appealed the former decision therefore seeking assistance from the United States Supreme Court.
  • 04.01.08: The History of Child Labor in the United States: Hammer v. Dagenhart 19 January 2010 9:54 UTC www.yale.edu [Source type: Original source]

^ Another factor was the emergence of American universities as major centers of learning, which attracted the best and brightest students from across the world.
  • United States Country Profile | United States Economy | History, Culture & Economy | Thomas White Funds 19 January 2010 9:54 UTC www.thomaswhite.com [Source type: FILTERED WITH BAYES]

[45]

Immigration

.United States received 4.31 immigrants per 1000 people in 2009, ranking 25th globally.^ Raises will be voted on by the people of the United States.
  • Amendments to the Constitution of the United States of AmericaTo Preserve and Protect Our Rights - The Petition Site 19 January 2010 9:54 UTC www.thepetitionsite.com [Source type: Original source]

^ United States: The people ) distribution .
  • United States -- Britannica Online Encyclopedia 19 January 2010 9:54 UTC www.britannica.com [Source type: Reference]

^ The United States page was last modified on: Friday, 06-Nov-2009 15:54:44 CET .
  • United States of America Profile - USA Geography, Travel and Tourism, People and Culture - Nations Online 19 January 2010 9:54 UTC www.nationsonline.org [Source type: News]

[46]
.Nearly 8 million immigrants came to the United States from 2000 to 2005 – more than in any other five-year period in the nation's history.^ Over a period of a little more than a year, we: .
  • The Economic Situation of the United States and the Federal Reserve’s Response - Richard Fisher Speeches, 4-08-09 - News & Events - FRB Dallas 19 January 2010 9:54 UTC dallasfed.org [Source type: Original source]

^ MLA Style: " history of United States ."
  • history of United States -- Britannica Online Encyclopedia 19 January 2010 9:54 UTC www.britannica.com [Source type: Reference]

^ The United States is growing much faster than any other industrialized nation.
  • THE ENVIRONMENTAL IMPACT OFIMMIGRATION INTO THE UNITED STATES 19 January 2010 9:54 UTC www.carryingcapacity.org [Source type: FILTERED WITH BAYES]

[47] .The analysis shows that 31% of adult immigrants have not completed high school.^ The district's special services include a comprehensive special education program for students from pre-school through high school, as well as programs for the gifted, handicapped, and adults.
  • Cities of the United States - The Northeast 19 January 2010 9:54 UTC www.city-data.com [Source type: News]

^ As Figure 2 shows, since the early 1980s, the wage gap between college graduates and those with a high school education or less has widened dramatically; the gap between high school graduates and non-graduates also has widened, but less so.
  • Economic Inequality in the United States (11/6/2006) 19 January 2010 9:54 UTC www.frbsf.org [Source type: FILTERED WITH BAYES]

^ Most Americans complete high school, and almost half receive at least some college education.
  • Culture of United States of America - traditional, history, people, clothing, traditions, women, beliefs, food, customs, family, social, dress, marriage, men, life, immigrants, wedding, population, religion 19 January 2010 9:54 UTC www.everyculture.com [Source type: FILTERED WITH BAYES]

A third lack health insurance.[48]
.Hispanic immigrants across the United States are being hit hard by the subprime mortgage crisis.^ Hispanic population by state in the United States, 2000.
  • United States -- Britannica Online Encyclopedia 19 January 2010 9:54 UTC www.britannica.com [Source type: Reference]

^ The global economic downturn, the sub-prime mortgage crisis, investment bank failures, falling home prices, and tight credit pushed the United States into a recession by mid-2008.
  • Flag Counter » United States 19 January 2010 9:54 UTC flagcounter.com [Source type: FILTERED WITH BAYES]

^ There are immigrants themselves and would-be immigrants around the world: people who may greatly improve their lives by moving to the United States.
  • The Economic Impacts of Mass Immigration into the United States: And the Proper Progressive Response « PFIR 19 January 2010 9:54 UTC www.progressivesforimmigrationreform.org [Source type: Original source]

.There is a disproportionate level of foreclosures in some immigrant neighborhoods.^ It’s only honest to acknowledge that if we lower immigration levels, some would-be immigrants and their families will lose out.
  • The Economic Impacts of Mass Immigration into the United States: And the Proper Progressive Response « PFIR 19 January 2010 9:54 UTC www.progressivesforimmigrationreform.org [Source type: Original source]

[49] .The banking industry also provided home loans to undocumented immigrants, viewing it as an untapped resource for growing their own revenue stream.^ REPRESENTATIONS In order to induce the Bank to enter into this Agreement and to make the Loans herein provided for, the Company hereby represents and warrants to the Bank that.
  • US Economy Affects Other Countries :: Financial Articles 20 September 2009 5:49 UTC art.csulb.edu [Source type: FILTERED WITH BAYES]

^ In a word, we have learned to use the resources that this earth provides to great advantage for our own comfort and prosperity.
  • The Secret of United States Economic Success 19 January 2010 9:54 UTC www.askelm.com [Source type: Original source]

^ Natural resources have traditionally provided much of the economic activity for the Spokane area, a major center for the timber, agriculture, and mining industries in the region.
  • Cities of the United States - The West 19 January 2010 9:54 UTC www.city-data.com [Source type: FILTERED WITH BAYES]

[50]

Employment

Unemployment rate as a percentage of the labor force in the United States according to the U.S. Bureau of Labor Statistics.
.In May 2009, the unemployment rate was 9.4%.^ Official announcement of the rate increase scheduled for May 11, 2009.
  • The History of Postage Rates in the United States since 1863 19 January 2010 9:54 UTC www.akdart.com [Source type: General]

[51] .A broader measure of unemployment (taking into account marginally attached workers, those employed part time for economic reasons, and discouraged workers) was 15.9%.^ U-5-Total unemployed plus discharged workers, plus marginally attached workers 11.1%.
  • Failed Economic Policies and Rising Unemployment in the United States of America 19 January 2010 9:54 UTC globalresearch.ca [Source type: News]

^ He never takes economic resiliancy into account.
  • The Futurist: The US Economy Today - Amazing Resilience 20 September 2009 5:49 UTC futurist.typepad.com [Source type: General]

^ Expect the unemployment rate to go up another 3 or 4 tenths of a percent when those same workers are laid off in 2011.
  • FOXNews.com - 4 Reasons Why Our Economy Is Far From Out of the Woods 19 January 2010 9:54 UTC www.foxnews.com [Source type: General]

[52] .In 2009 and 2010, following the Great Recession, the emerging problem of jobless recoveries resulted in record levels of long-term unemployment with over 6 million workers looking for work longer than 6 months as of January, 2010. This particularly affected older workers.^ As a result, the panics of the 19th century were far worse here than in Europe and precipitated longer and deeper depressions.
  • A Short Banking History of the United States - WSJ.com 19 January 2010 9:54 UTC online.wsj.com [Source type: News]

^ Chris Self says: January 6, 2010 at 2:30 pm Is it possible that the government could have purposely caused the recession to attract all the money in peoples savings?
  • The Value of United States Currency in Circulation | 19 January 2010 9:54 UTC www.visualeconomics.com [Source type: Original source]

^ He and his aides have forecast that employment growth will lag in an economic recovery as they try to tackle rising joblessness before midterm elections in November 2010.
  • Failed Economic Policies and Rising Unemployment in the United States of America 19 January 2010 9:54 UTC globalresearch.ca [Source type: News]

[21]
Female unemployment continued to be significantly lower than male unemployment (7.5% vs. 9.8%). The unemployment among African-Americans continues to be much higher than white unemployment (at 14.9% vs. 8.6%).[51] .The youth unemployment rate was 18.5% in July 2009, the highest July rate since 1948.[53] 34.5% of young African American men were unemployed in October 2009.[54] Officially, Detroit’s unemployment rate is 27%, but Detroit News suggests that nearly half of this city’s working-age population may be unemployed.^ Roosevelt was born on October 27, 1858, in New York City, New York .
  • Presidents of the United States, In the order in which they served - EnchantedLearning.com 19 January 2010 9:54 UTC www.enchantedlearning.com [Source type: FILTERED WITH BAYES]

^ Official announcement of the rate increase scheduled for May 11, 2009.
  • The History of Postage Rates in the United States since 1863 19 January 2010 9:54 UTC www.akdart.com [Source type: General]

^ In many American cities, a quarter or more of the population may not be citizens, and a majority of the poor may not be.
  • The Economic Impacts of Mass Immigration into the United States: And the Proper Progressive Response « PFIR 19 January 2010 9:54 UTC www.progressivesforimmigrationreform.org [Source type: Original source]

[55]

Income and wealth

.According to the United States Census Bureau, the pretax median household income in 2007 was $50,233. The median ranged from $68,080 in Maryland to $36,338 in Mississippi.^ Median household income has been flat ever since.

^ The wealth is somewhat unevenly distributed; the top 20% have a household median income of $91,705, the lowest 20% have $19,178.
  • United States of America - encyclopedia article - Citizendium 19 January 2010 9:54 UTC en.citizendium.org [Source type: Original source]

^ What makes the United States unique also in a bad way is the decision to tax other forms of foreign income.
  • Prosperitas, November 2001: The Adverse Impact of Tax Harmonization and Information Exchange on the U.S. Economy 19 January 2010 9:54 UTC www.freedomandprosperity.org [Source type: Original source]

[56]
.In 2007, the median real annual household income rose 1.3% to $50,233, according to the Census Bureau.^ Median household income has been flat ever since.

^ The wealth is somewhat unevenly distributed; the top 20% have a household median income of $91,705, the lowest 20% have $19,178.
  • United States of America - encyclopedia article - Citizendium 19 January 2010 9:54 UTC en.citizendium.org [Source type: Original source]

^ Since 2000, real median family income has been falling.
  • An Age of Transition: The United States, China, Peak Oil, and the Demise of Neoliberalism - Monthly Review 19 January 2010 9:54 UTC www.monthlyreview.org [Source type: FILTERED WITH BAYES]

[57] The real median earnings of men who worked full time, year-round climbed between 2006 and 2007, from $43,460 to $45,113. For women, the corresponding increase was from $33,437 to $35,102. The median income per household member (including all working and non-working members above the age of 14) was $26,036 in 2006.[58]
.The recently released US Income Mobility Study showed economic growth resulted in rising incomes for most taxpayers over the period from 1996 to 2005. Median incomes of all taxpayers increased by 24 percent after adjusting for inflation.^ Italy’s budget deficit is expected to rise to 4 to 4.5 percent of GDP in 2006–2007, significantly above the 3 percent ceil­ing set by the EU Stability and Growth Pact.
  • Trends in the European Union and Russia: Implications for the United States 19 January 2010 9:54 UTC www.heritage.org [Source type: FILTERED WITH BAYES]

^ At the top of the list will be assuring recovery from the most serious global economic crisis in generations and assuring balanced and sustained global growth once recovery has taken hold.
  • US Economy | Fair Currency Coalition 20 September 2009 5:49 UTC faircurrency.org [Source type: News]

^ He and his aides have forecast that employment growth will lag in an economic recovery as they try to tackle rising joblessness before midterm elections in November 2010.
  • Failed Economic Policies and Rising Unemployment in the United States of America 19 January 2010 9:54 UTC globalresearch.ca [Source type: News]

.The real incomes of two-thirds of all taxpayers increased over this period.^ This level of net income represented a 69 percent increase relative to the third quarter of 2004 (see EIA's "Financial News for Major Energy Companies").
  • Energy profile of the United States - Encyclopedia of Earth 19 January 2010 9:54 UTC www.eoearth.org [Source type: FILTERED WITH BAYES]

^ As a transition, we support giving all taxpayers the option of filing under current rules or under a two-rate flat tax with generous deductions for families.
  • http://www.gop.com/2008platform/economy.htm 19 January 2010 9:54 UTC www.gop.com [Source type: Original source]

^ While the poorest 20 percent of Americans increased their annual incomes by a measly $1,861 over this 35-year period, the wealthiest 20 percent increased their annual incomes by $70,090 — a 38-times greater increase.
  • The Economic Impacts of Mass Immigration into the United States: And the Proper Progressive Response « PFIR 19 January 2010 9:54 UTC www.progressivesforimmigrationreform.org [Source type: Original source]

.Income mobility of individuals was considerable in the U.S. economy during the 1996 through 2004 period with roughly half of taxpayers who began in the bottom quintile moving up to a higher income group within 10 years.^ The Sacramento area was originally inhabited by the Nisenan, a branch of the Maidu, who lived in the valley for 10,000 years before white settlers arrived.
  • Cities of the United States - The West 19 January 2010 9:54 UTC www.city-data.com [Source type: FILTERED WITH BAYES]

^ Congress passed only half of this amount -- it is critical that the administration speeds up the implementation of the first half and that Congress move quickly to enact the second half.
  • Economy | Change.gov: The Obama-Biden Transition Team 19 January 2010 9:54 UTC change.gov [Source type: News]

^ It also created a new $323 earned income tax credit for individuals aged 25-64 who earn less than $9,500 and have no children.
  • Counterarguments Regarding the United States Economy from Conservative and Liberal Mindsets @ Omni Prime 19 January 2010 9:54 UTC plaza.ufl.edu [Source type: Original source]

.In addition, the median incomes of those initially in the lower income groups increased more than the median incomes of those initially in the higher income groups.^ Even among those able to find new employment, however, the effects varied widelyaverage earnings were 13 percent lower than in the original job, with 40 percent of the re-employed respondents showing income declines and 23 percent showing income gains.
  • Is the United States Losing Its Productivity Advantage? - Federal Reserve Bank of New York 19 January 2010 9:54 UTC www.newyorkfed.org [Source type: FILTERED WITH BAYES]

^ During this fiscal year, it will increase more than one percentage point per month, climbing to about 56 percent of G.D.P. from 41 percent.
  • US Economy | Fair Currency Coalition 20 September 2009 5:49 UTC faircurrency.org [Source type: News]

^ However, the Legislature's initial aim was more to target the professional gambler than gaming in general.
  • History of Gambling in the United States 19 January 2010 9:54 UTC www.library.ca.gov [Source type: FILTERED WITH BAYES]

[59]
.Between June 2007 and November 2008, Americans lost an estimated average of more than a quarter of their collective net worth.^ August 2009 July 2009 June 2009 May 2009 April 2009 March 2009 February 2009 January 2009 December 2008 November 2008 More...
  • The Futurist: The US Economy Today - Amazing Resilience 20 September 2009 5:49 UTC futurist.typepad.com [Source type: General]

^ The Coast Ranges are much lower and more divided than the Sierra Nevada, and form a number of small valleys between ranges; these ranges meet the Pacific Ocean.
  • United States of America - encyclopedia article - Citizendium 19 January 2010 9:54 UTC en.citizendium.org [Source type: Original source]

^ In many American cities, a quarter or more of the population may not be citizens, and a majority of the poor may not be.
  • The Economic Impacts of Mass Immigration into the United States: And the Proper Progressive Response « PFIR 19 January 2010 9:54 UTC www.progressivesforimmigrationreform.org [Source type: Original source]

[60] .Since peaking in the second quarter of 2007, household wealth is down $14 trillion.^ By 2007, the household debt services (interest and principal payments on debt) had risen to 14 percent of disposable income, the highest on record.
  • An Age of Transition: The United States, China, Peak Oil, and the Demise of Neoliberalism - Monthly Review 19 January 2010 9:54 UTC www.monthlyreview.org [Source type: FILTERED WITH BAYES]

^ In the second quarter of 2006, that mortgage debt increased to a whopping $9.3 trillion.
  • The Futurist: The US Economy Today - Amazing Resilience 20 September 2009 5:49 UTC futurist.typepad.com [Source type: General]

[61] .The Fed also said that at the end of 2008, the level of outstanding domestic nonfinancial debt was $33.5 trillion, including household debt valued at $13.8 trillion.^ Reply 13oclock (URL) on Dec 1, 1:27 PM said: 1 11 @ someguy : Be the generation that ends the Fed once and for all (if Gen X doesn't get it done first).

^ Eventually the 50 trillion $ debt will catch up with them, and then – CRASH! The end of American global hegemony.
  • The Coming Collapse of the United States – Neatorama 19 January 2010 9:54 UTC www.neatorama.com [Source type: Original source]

^ The market value of foreign investment in the U.S. economy at the end of 2000 was almost $9.4 trillion.
  • Prosperitas, November 2001: The Adverse Impact of Tax Harmonization and Information Exchange on the U.S. Economy 19 January 2010 9:54 UTC www.freedomandprosperity.org [Source type: Original source]

[62]

Sectors

Energy

.The United States is the largest energy consumer in terms of total use, using 100 quadrillion BTUs (105 exajoules, or 29000 TWh) in 2005. The U.S. ranks seventh in energy consumption per-capita after Canada and a number of small countries.^ "Energy profile of the United States."
  • Energy profile of the United States - Encyclopedia of Earth 19 January 2010 9:54 UTC www.eoearth.org [Source type: FILTERED WITH BAYES]

^ Per Capita GNI Rank Per Capita GNI Rank: Position among all nations, in terms of Per Capita GNI Rank.
  • United States Country Profile | United States Economy | History, Culture & Economy | Thomas White Funds 19 January 2010 9:54 UTC www.thomaswhite.com [Source type: FILTERED WITH BAYES]

^ (U.S. per capita rate - sending country's per capita rate) x 100 .
  • THE ENVIRONMENTAL IMPACT OFIMMIGRATION INTO THE UNITED STATES 19 January 2010 9:54 UTC www.carryingcapacity.org [Source type: FILTERED WITH BAYES]

[63][64] .The majority of this energy is derived from fossil fuels: in 2005, it was estimated that 40% of the nation's energy came from petroleum, 23% from coal, and 23% from natural gas.^ Coal will be the remaining fossil fuel.
  • FOOD, LAND, POPULATION and the U.S. ECONOMY 19 January 2010 9:54 UTC www.dieoff.org [Source type: FILTERED WITH BAYES]

^ Although coal can be used to produce oil and natural gas, it is expensive to convert to usable liquid and gaseous fuels and its use is extremely polluting.
  • FOOD, LAND, POPULATION and the U.S. ECONOMY 19 January 2010 9:54 UTC www.dieoff.org [Source type: FILTERED WITH BAYES]

^ The average fossil-fuel electric power plant converts only one-third of the primary energy it burns–coal, oil, or gas–into electricity.
  • The United States of Waste « Climate Progress 19 January 2010 9:54 UTC climateprogress.org [Source type: FILTERED WITH BAYES]

.Nuclear power supplied 8.4% and renewable energy supplied 6.8%, which was mainly from hydroelectric dams although other renewables are included.^ Nuclear power is a clean source of energy.
  • Counterarguments Regarding the United States Economy from Conservative and Liberal Mindsets @ Omni Prime 19 January 2010 9:54 UTC plaza.ufl.edu [Source type: Original source]

^ Estimated supply of energy from renewable sources.
  • FOOD, LAND, POPULATION and the U.S. ECONOMY 19 January 2010 9:54 UTC www.dieoff.org [Source type: FILTERED WITH BAYES]

^ Co-generation would reduce the ability of NG to be used just for peak power, in support of renewable or nuclear energy.
  • The United States of Waste « Climate Progress 19 January 2010 9:54 UTC climateprogress.org [Source type: FILTERED WITH BAYES]

[65]
.American dependence on oil imports grew from 24% in 1970 to 65% by the end of 2005. At the current rate of unchecked import growth, the US would be 70% to 75% reliant on foreign oil by the middle of the next decade.^ He warned us about dependence on foreign oil.
  • Terence Corcoran: Is this the end of America? - FP Comment 19 January 2010 9:54 UTC network.nationalpost.com [Source type: Original source]

^ Until recently, there had been a lot of debate in the country on improving energy efficiency to reduce reliance on imported oil, which is a major factor behind the country’s deficits.
  • United States Country Profile | United States Economy | History, Culture & Economy | Thomas White Funds 19 January 2010 9:54 UTC www.thomaswhite.com [Source type: FILTERED WITH BAYES]

^ This graph shows how the developed world has remained steady (with the US exceeding the growth rate of the rest of the developed world) even as developing regions have broken away.
  • The Futurist: The US Economy Today - Amazing Resilience 20 September 2009 5:49 UTC futurist.typepad.com [Source type: General]

[66] .Transportation has the highest consumption rates, accounting for approximately 68.9% of the oil used in the United States in 2006,[67] and 55% of oil use worldwide as documented in the Hirsch report.^ Should the United States have used the bomb?
  • History Of The United States Of America, Part Seven 19 January 2010 9:54 UTC history-world.org [Source type: Original source]

^ The United States has a "worldwide" tax system .
  • Prosperitas, November 2001: The Adverse Impact of Tax Harmonization and Information Exchange on the U.S. Economy 19 January 2010 9:54 UTC www.freedomandprosperity.org [Source type: Original source]

^ Consumer prices in the United States are skyrocketing at twice the expected rate, pushing up U.S. inflation to the highest level in 17 years due to the high cost of fuel, food and clothing.
  • The United States of America: A Failing Superpower- The Politics eZine 19 January 2010 9:54 UTC www.lilith-ezine.com [Source type: FILTERED WITH BAYES]

Agriculture

.Agriculture is a major industry in the United States and the country is a net exporter of food.^ The U.S. is a major exporter of agricultural products.
  • United States of America - encyclopedia article - Citizendium 19 January 2010 9:54 UTC en.citizendium.org [Source type: Original source]

^ And the United States is NOT a purely capitalist country.
  • Using the United States to Scare Germans - Atlantic Review - Analysis of Transatlantic Relations and U.S. Foreign Policy 19 January 2010 9:54 UTC atlanticreview.org [Source type: Original source]

^ Workers from other countries may not have a tradition of standing up to authority, while those who are in the United States illegally — a majority in some U.S. meatpacking plants — are not in any position to do so.
  • The Economic Impacts of Mass Immigration into the United States: And the Proper Progressive Response « PFIR 19 January 2010 9:54 UTC www.progressivesforimmigrationreform.org [Source type: Original source]

.The United States controls almost half of world grain exports.^ The United States should not be the policeman of the world.
  • Reform Party of the United States of America > Platform 19 January 2010 9:54 UTC www.rpusa.info [Source type: Original source]

^ As a historian, I can equate the present generation of Americans as being similar to the American generation just after the Second World War when the United States was then the only power that had mastery in the world.
  • The Secret of United States Economic Success 19 January 2010 9:54 UTC www.askelm.com [Source type: Original source]

^ We will all hear the results of this analysis tomorrow evening when President Obama addresses the United States -- and the world.
  • Embassy of the United States - Berlin, Germany: Homepage 19 January 2010 9:54 UTC germany.usembassy.gov [Source type: Original source]

[68]
.Products include wheat, corn, other grains, fruits, vegetables, cotton; beef, pork, poultry, dairy products; forest products; fish.^ NAICS 112390 Other poultry production .
  • Location Quotient Input Form 20 September 2009 5:49 UTC data.bls.gov [Source type: General]

^ NAICS 11239 Other poultry production .
  • Location Quotient Input Form 20 September 2009 5:49 UTC data.bls.gov [Source type: General]

^ Even if all food exports are eliminated, the diet of the average American will, of necessity, include more grains, legumes, tubers, fruits, and vegetables and significantly less animal products.
  • FOOD, LAND, POPULATION and the U.S. ECONOMY 19 January 2010 9:54 UTC www.dieoff.org [Source type: FILTERED WITH BAYES]

Manufacturing

.USA is the leading manufacturer in the world with a 2007 industrial output of US$2,696,880 millions.^ It established a clear lead in finance, commerce and industry, and London was recognised as the undisputed centre of the worlds financial and commercial system.
  • Andrew Gamble, "Hegemony and Decline: Britain and the United States," in Two Hegemonies: Britain 1846-1914 and the United States 1941-2001 edited by Patrick Karl O'Brien and Armand Clesse (Aldershot: Ashgate Publishing, Ltd., 2002), pp. 127-140 19 January 2010 9:54 UTC www.mtholyoke.edu [Source type: Original source]

^ The study explains that the United States is the fastest-growing industrialized country in the world, now increasing by approximately three million people per year.
  • FOOD, LAND, POPULATION and the U.S. ECONOMY 19 January 2010 9:54 UTC www.dieoff.org [Source type: FILTERED WITH BAYES]

^ Modelski and Thompson (1994) measured the rise of certain key trades and industries, so-called new lead industries, that are seen as important components of the rise of world powers.
  • The Trajectory of the United States in the World-System: A QuantitativeReflection 19 January 2010 9:54 UTC irows.ucr.edu [Source type: FILTERED WITH BAYES]

.Main industries are petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, and mining.^ Important manufacturing industries include petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, lumber, and mining.
  • Culture of United States of America - traditional, history, people, clothing, traditions, women, beliefs, food, customs, family, social, dress, marriage, men, life, immigrants, wedding, population, religion 19 January 2010 9:54 UTC www.everyculture.com [Source type: FILTERED WITH BAYES]

^ These strategies are of most value to heavy manufacturing and the process industries, such as chemicals, pulp and paper, and steelmaking, which are the industries responsible for most manufacturing energy usage.
  • The United States of Waste « Climate Progress 19 January 2010 9:54 UTC climateprogress.org [Source type: FILTERED WITH BAYES]

^ The city's central location and proximity to a wealth of natural resources has attracted mining and petroleum exploration industries to the area.
  • Cities of the United States - The West 19 January 2010 9:54 UTC www.city-data.com [Source type: FILTERED WITH BAYES]

A total of 3.2 million – one in six U.S. factory jobs – have disappeared since the start of 2000.[69]

Finance

.The New York Stock Exchange is the largest stock exchange in the world by value of its listed companies' securities.^ The United Nations is based in New York and it professes to represent the entire world.
  • Prosperitas, November 2001: The Adverse Impact of Tax Harmonization and Information Exchange on the U.S. Economy 19 January 2010 9:54 UTC www.freedomandprosperity.org [Source type: Original source]

^ Market Value of Stocks on Registered Exchanges (billions of current dollars) .
  • Wartime Prosperity? A Reassessment of the U.S. Economy in the 1940s: Newsroom: The Independent Institute 19 January 2010 9:54 UTC www.independent.org [Source type: FILTERED WITH BAYES]

^ New York has been named one of the world's "Best Cities" by Travel + Leisure magazine, and in 2002 Conde Nast Traveler designated it a "Hot City."
  • Cities of the United States - The Northeast 19 January 2010 9:54 UTC www.city-data.com [Source type: News]

[70] .As of October 2008, the combined capitalization of all domestic NYSE listed companies was US$10.1 trillion.^ May 2nd, 2008 at 2:10 pm Could we have a list of the cleanest cities too?
  • The Most Polluted Cities in the United States – Neatorama 19 January 2010 9:54 UTC www.neatorama.com [Source type: General]

^ Thai banks are much safer and also insured by the Thai government By Cassandra James   |  Published 10/9/2008 More topics: Us Bank .

^ Economics / US Economy Jan 05, 2008 - 04:10 AM By: John_Mauldin .
  • US Economy Forecast 2008 - First Recession then Recovery :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website 20 September 2009 5:49 UTC www.marketoracle.co.uk [Source type: News]

[71]
.NASDAQ, is another American stock exchange.^ Since March 2005, 152 international companies have joined the London Stock Exchange (LSE) compared to 54 that have joined the New York Stock Exchange and NASDAQ combined.
  • Trends in the European Union and Russia: Implications for the United States 19 January 2010 9:54 UTC www.heritage.org [Source type: FILTERED WITH BAYES]

.It is the largest electronic screen-based equity securities trading market in the United States.^ Singapore was the 16th-largest trading partner of the United States in 2008.
  • Singapore (09/09) 19 January 2010 9:54 UTC www.state.gov [Source type: FILTERED WITH BAYES]

^ A North American Free Trade Agreement (NAFTA) had further increased economic ties between the United States and its largest trading partners, Canada and Mexico.
  • United States Economy - A Brief History 19 January 2010 9:54 UTC countrystudies.us [Source type: FILTERED WITH BAYES]

^ There were substantial British investments in the United States and a large volume of trade, Neither side needed territory, which the other controlled.
  • Andrew Gamble, "Hegemony and Decline: Britain and the United States," in Two Hegemonies: Britain 1846-1914 and the United States 1941-2001 edited by Patrick Karl O'Brien and Armand Clesse (Aldershot: Ashgate Publishing, Ltd., 2002), pp. 127-140 19 January 2010 9:54 UTC www.mtholyoke.edu [Source type: Original source]

.With approximately 3,800 companies and corporations, it has more trading volume per hour than any other stock exchange in the world.^ California is responsible for 13% of the United States’ gross domestic product (more than any other single state).
  • The Most Polluted Cities in the United States – Neatorama 19 January 2010 9:54 UTC www.neatorama.com [Source type: General]

^ During this fiscal year, it will increase more than one percentage point per month, climbing to about 56 percent of G.D.P. from 41 percent.
  • US Economy | Fair Currency Coalition 20 September 2009 5:49 UTC faircurrency.org [Source type: News]

^ The more stock an individual owns in publicly traded companies (which benefit from mass immigration), the larger his or her potential winnings from a growing economy.
  • The Economic Impacts of Mass Immigration into the United States: And the Proper Progressive Response « PFIR 19 January 2010 9:54 UTC www.progressivesforimmigrationreform.org [Source type: Original source]

[72]

International trade

.The United States is the world's largest trading nation.^ The United States was officially an independent nation.
  • The United States of America 19 January 2010 9:54 UTC www.solcomhouse.com [Source type: FILTERED WITH BAYES]

^ The United States should not be the policeman of the world.
  • Reform Party of the United States of America > Platform 19 January 2010 9:54 UTC www.rpusa.info [Source type: Original source]

^ The gross national product is the largest in the world.
  • Culture of United States of America - traditional, history, people, clothing, traditions, women, beliefs, food, customs, family, social, dress, marriage, men, life, immigrants, wedding, population, religion 19 January 2010 9:54 UTC www.everyculture.com [Source type: FILTERED WITH BAYES]

.Since it is the world's leading importer, there are many U.S. dollars in circulation all around the planet.^ There are immigrants themselves and would-be immigrants around the world: people who may greatly improve their lives by moving to the United States.
  • The Economic Impacts of Mass Immigration into the United States: And the Proper Progressive Response « PFIR 19 January 2010 9:54 UTC www.progressivesforimmigrationreform.org [Source type: Original source]

^ THAT WAS THE DECADE THAT WAS 3/1/10 With the noughties ending in the most serious recession in the global economy since the Second World War, there has inevitably been discussion of the impact on football.
  • The Political Economy of Football | UK and World Soccer 19 January 2010 9:54 UTC footballeconomy.com [Source type: News]

^ Today SSL is used all around the world to secure electronic commerce.
  • United States-China Economic and Security Review Commission Hearing June 7, 2006 - Statement of Edward Jung 19 January 2010 9:54 UTC www.uscc.gov [Source type: FILTERED WITH BAYES]

.The dollar is also used as the standard unit of currency in international markets for commodities such as gold and petroleum (the latter sometimes called petrocurrency is the source of the term petrodollar).^ As such, international standards groups are increasingly calling for standards with no royalties.
  • United States-China Economic and Security Review Commission Hearing June 7, 2006 - Statement of Edward Jung 19 January 2010 9:54 UTC www.uscc.gov [Source type: FILTERED WITH BAYES]

^ The end result of this strategy is to enable China to use its own domestic innovation and market to create an important global standard in wireless communications.
  • United States-China Economic and Security Review Commission Hearing June 7, 2006 - Statement of Edward Jung 19 January 2010 9:54 UTC www.uscc.gov [Source type: FILTERED WITH BAYES]

^ Nevertheless, as China and other emerging market economies continue to grow, such differences with the United States are likely to diminish.
  • Is the United States Losing Its Productivity Advantage? - Federal Reserve Bank of New York 19 January 2010 9:54 UTC www.newyorkfed.org [Source type: FILTERED WITH BAYES]

.Large foreign economies such as China, Japan, Arab states of the Persian Gulf, and the EU own huge dollar reserves (especially as the US is more in debt) so there is a fear that they will move away from the dollar.^ By 2045 we'll owe China so much debt that they'll own us...
  • The breakup of the United States - Boing Boing 19 January 2010 9:54 UTC www.boingboing.net [Source type: FILTERED WITH BAYES]

^ Increasingly, however, more of this migration will occur between developing countries, such as that occurring from Bangladesh to India, or from India, Egypt, and Yemen to the Persian Gulf States.
  • PRB 2006 World Population Data Sheet: International Migration Is Reshaping United States, Global Economy - Population Reference Bureau 19 January 2010 9:54 UTC www.prb.org [Source type: FILTERED WITH BAYES]

^ According to a statement on its Web site, the group still supports the idea, but has learned that “the chains of our slavery and dependence on Godless government have more of a hold on us than can be broken by simply moving to another state.” .
  • Imagine Breaking Up The United States - WSJ.com 19 January 2010 9:54 UTC online.wsj.com [Source type: News]

[73] .China's reserves are more than $2 trillion, the world's largest.^ Schott (forthcoming) shows that the products exported by China are more like those exported from other Asian countries than those produced by the OECD nations and other developed countries.
  • Is the United States Losing Its Productivity Advantage? - Federal Reserve Bank of New York 19 January 2010 9:54 UTC www.newyorkfed.org [Source type: FILTERED WITH BAYES]

^ By 1920, there were almost 30,000 banks in the U.S., more than the rest of the world put together.
  • A Short Banking History of the United States - WSJ.com 19 January 2010 9:54 UTC online.wsj.com [Source type: News]

^ In some areas, such as Materials Science and Physics, China published more than 10% of the papers worldwide .
  • United States-China Economic and Security Review Commission Hearing June 7, 2006 - Statement of Edward Jung 19 January 2010 9:54 UTC www.uscc.gov [Source type: FILTERED WITH BAYES]

[74] China owns an estimated $1.6 trillion of U.S. securities.[75]
.In 2008, the total U.S. trade deficit was $695.9 billion,[76] which is $1.8 trillion in exports minus $2.5 trillion in imports.^ At present, food crops represent a major U.S. export, and thereby help to diminish the deficit in our trade balance, caused in large measure by oil imports.
  • FOOD, LAND, POPULATION and the U.S. ECONOMY 19 January 2010 9:54 UTC www.dieoff.org [Source type: FILTERED WITH BAYES]

^ Since food exports earn $40 billion for the U.S. annually, the loss of this income source would result in an even greater increase in America's trade deficit.
  • FOOD, LAND, POPULATION and the U.S. ECONOMY 19 January 2010 9:54 UTC www.dieoff.org [Source type: FILTERED WITH BAYES]

^ For 2005, the U.S. merchandise trade deficit is expected to total $782 billion, up from $665 billion in 2004.
  • Energy profile of the United States - Encyclopedia of Earth 19 January 2010 9:54 UTC www.eoearth.org [Source type: FILTERED WITH BAYES]

[77] The deficit on petroleum products was $386.3 billion.[78] The trade deficit with China was $266.3 billion, a new record and up from $304 million in 1983.[79] The United States had a $144.1 billion surplus on trade in services, and $821.2 billion deficit on trade in goods in 2008.[80]
.In order to fund the national debt (also known as public debt), the United States relies on selling U.S. treasury bonds to people both inside and outside the country, and in recent times a growing percent of buyers are international.^ The United States cannot be a colonizing nation for a long time yet.
  • The Conquest of the United States by Spain - Wikisource 19 January 2010 9:54 UTC en.wikisource.org [Source type: Original source]

^ And the United States is NOT a purely capitalist country.
  • Using the United States to Scare Germans - Atlantic Review - Analysis of Transatlantic Relations and U.S. Foreign Policy 19 January 2010 9:54 UTC atlanticreview.org [Source type: Original source]

^ The United States is heavily reliant on coal.
  • Counterarguments Regarding the United States Economy from Conservative and Liberal Mindsets @ Omni Prime 19 January 2010 9:54 UTC plaza.ufl.edu [Source type: Original source]

Economic predictions and forecasting

.Predictions about the direction of the United States economy in the short term and long term are crucial factors in determining federal government policies, business decisions, and Federal Reserve decisions.^ The federal government of the United States serves corporate interests.
  • The Coming Collapse of the United States – Neatorama 19 January 2010 9:54 UTC www.neatorama.com [Source type: Original source]

^ Is the United States government effectively bankrupt?

^ I predict if anything the United States will be in a long recession.
  • The breakup of the United States - Boing Boing 19 January 2010 9:54 UTC www.boingboing.net [Source type: FILTERED WITH BAYES]

.Several institutions make economic predictions, including: Global Insight, and the UCLA Anderson Forecast.^ Oxford Economic Forecasting predicts that by the year 2030, Britain will overtake Germany as Europe’s largest economy.
  • Trends in the European Union and Russia: Implications for the United States 19 January 2010 9:54 UTC www.heritage.org [Source type: FILTERED WITH BAYES]

^ The United States, now the sole global superpower, cautiously assisted the various Russian governments that faced severe economic and political crises.
  • The Politics of Hegemony: The United States and Iran 19 January 2010 9:54 UTC www.mepc.org [Source type: FILTERED WITH BAYES]

^ G7 vs G20: Do We Have the Necessary Global Institutions to Tackle Global Economic Issues?
  • Roubini Global Economics - United States 19 January 2010 9:54 UTC www.roubini.com [Source type: News]

.Various state agencies, including the California Department of Finance, also make predictions.^ Victory in the Mexican War (1846–48) brought the territory of seven more future states (including California and Texas) into U.S. hands.
  • United States -- Britannica Online Encyclopedia 19 January 2010 9:54 UTC www.britannica.com [Source type: Reference]

^ It is being debated in some states, including California and New York, and it is legal for same-sex couples to marry in Massachusetts.
  • Culture of United States of America - traditional, history, people, clothing, traditions, women, beliefs, food, customs, family, social, dress, marriage, men, life, immigrants, wedding, population, religion 19 January 2010 9:54 UTC www.everyculture.com [Source type: FILTERED WITH BAYES]

^ The vast majority of businesses are clustered within the service industry, including finance, advertising, tourism, and various professions.
  • Culture of United States of America - traditional, history, people, clothing, traditions, women, beliefs, food, customs, family, social, dress, marriage, men, life, immigrants, wedding, population, religion 19 January 2010 9:54 UTC www.everyculture.com [Source type: FILTERED WITH BAYES]

[citation needed]

Currency and central bank

United States historical inflation rate 1666–2004
.The United States dollar is the unit of currency of the United States.^ On top of that, if the Dollar completely collapsed in 2010, none of these other countries (including the EU) would be in any position to be annexing parts of the United States!
  • The Coming Collapse of the United States – Neatorama 19 January 2010 9:54 UTC www.neatorama.com [Source type: Original source]

^ These rare and valuable notes have probably the most elaborate designs (subsequently never repeated) of any United States currency.
  • Six Kinds of United States Paper Currency 19 January 2010 9:54 UTC www.friesian.com [Source type: Original source]

^ They insisted that the Bank of the United States be maintained to stabilize currency and to discipline smaller banks.
  • History Of The United States Of America, Part Four 19 January 2010 9:54 UTC history-world.org [Source type: Original source]

.The U.S. dollar is the currency most used in international transactions.^ Never mind that the increase in the money supply will further erode the value of the dollar, already down against most foreign currencies.
  • Pajamas Media » The United States of Audacity 19 January 2010 9:54 UTC pajamasmedia.com [Source type: Original source]

^ In recent years some international companies have taken to dealing with Euros instead of dollars, finding it to be a more stable currency.
  • The United States of America: A Failing Superpower- The Politics eZine 19 January 2010 9:54 UTC www.lilith-ezine.com [Source type: FILTERED WITH BAYES]

[81] .Several countries use it as their official currency, and in many others it is the de facto currency.^ Like many economists and government officials, he says he believes the Chinese currency is artificially undervalued.
  • US Economy | Fair Currency Coalition 20 September 2009 5:49 UTC faircurrency.org [Source type: News]

^ The term is also used to refer to the international convergence of rules, regulations, and even the social structure and role of government in many countries.
  • The high price of ‘free’ trade 19 January 2010 9:54 UTC www.epi.org [Source type: FILTERED WITH BAYES]

^ The form and application fee can be sent to oct found that many in other countries already felt the u s economy was the u s said that what happens in the american economy affects .
  • US Economy Affects Other Countries :: Financial Articles 20 September 2009 5:49 UTC art.csulb.edu [Source type: FILTERED WITH BAYES]

[82]
.The federal government attempts to use both monetary policy (control of the money supply through mechanisms such as changes in interest rates) and fiscal policy (taxes and spending) to maintain low inflation, high economic growth, and low unemployment.^ Were the attempts made by the government to end inflation through wage and price controls successful?
  • Sullivan, R. Economic History of the United States 19 January 2010 9:54 UTC eh.net [Source type: FILTERED WITH BAYES]

^ UK Interest Rates Forecast to rise much higher due to rising Inflation and high Money Supply Growth .
  • US Economy Forecast 2008 - First Recession then Recovery :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website 20 September 2009 5:49 UTC www.marketoracle.co.uk [Source type: News]

^ While the Constitution gives the federal government control of the money supply, it is silent on the control of banks, which create money.
  • A Short Banking History of the United States - WSJ.com 19 January 2010 9:54 UTC online.wsj.com [Source type: News]

.A relatively independent central bank, known as the Federal Reserve, was formed in 1913 to provide a stable currency and monetary policy.^ The Federal Reserve is independent from the government, and Congress does not interfere with its policies.
  • United States of America - encyclopedia article - Citizendium 19 January 2010 9:54 UTC en.citizendium.org [Source type: Original source]

^ Restrictive monetary policies followed by the U.S. Federal Reserve worsened the situation.
  • United States Country Profile | United States Economy | History, Culture & Economy | Thomas White Funds 19 January 2010 9:54 UTC www.thomaswhite.com [Source type: FILTERED WITH BAYES]

^ The Federal Reserve was created in 1913.
  • A Short Banking History of the United States - WSJ.com 19 January 2010 9:54 UTC online.wsj.com [Source type: News]

.The U.S. dollar has been regarded as one of the most stable currencies in the world and many nations back their own currency with U.S. dollar reserves.^ Buoyed by victories in World Wars I and II and the end of the Cold War in 1991, the US remains the world's most powerful nation state.
  • CIA - The World Factbook -- United States 19 January 2010 9:54 UTC www.umsl.edu [Source type: FILTERED WITH BAYES]

^ Under the chairmanship of Ben Bernanke, the Federal Reserve is in the midst of a giant economic experiment, flooding the world with U.S. dollars, hoping that flood will stimulate economic activity.
  • Terence Corcoran: Is this the end of America? - FP Comment 19 January 2010 9:54 UTC network.nationalpost.com [Source type: Original source]

^ From confronting Cuba in the U.S.'s own back yard, the "anti-communist" crusade spread to all regions of the world.
  • The Role of The United States in the Global System after September 11th 19 January 2010 9:54 UTC conconflicts.ssrc.org [Source type: Original source]

.The U.S. dollar has maintained its position as the world's primary reserve currency, although it is gradually being challenged in that role.^ Under the chairmanship of Ben Bernanke, the Federal Reserve is in the midst of a giant economic experiment, flooding the world with U.S. dollars, hoping that flood will stimulate economic activity.
  • Terence Corcoran: Is this the end of America? - FP Comment 19 January 2010 9:54 UTC network.nationalpost.com [Source type: Original source]

^ Despite the decline, nearly two-thirds of global currency reserves continue to be in the U.S. dollar.
  • United States Country Profile | United States Economy | History, Culture & Economy | Thomas White Funds 19 January 2010 9:54 UTC www.thomaswhite.com [Source type: FILTERED WITH BAYES]

^ The sustained dollar decline has led to fears that the currency will lose its reserve status, as foreign governments increase their holdings of other currencies.
  • United States Country Profile | United States Economy | History, Culture & Economy | Thomas White Funds 19 January 2010 9:54 UTC www.thomaswhite.com [Source type: FILTERED WITH BAYES]

[83] .Almost two-thirds of currency reserves held around the world are held in US dollars, compared to around 25% for the next most popular currency, the Euro.^ Connecticut, the state with the most tax-supported debt, will borrow $2.25 billion over the next two years to balance its budget amid plunging income tax collections.
  • Failed Economic Policies and Rising Unemployment in the United States of America 19 January 2010 9:54 UTC globalresearch.ca [Source type: News]

^ Located in the Acadia region of Maine, one of the most popular and scenic destinations in the country for summer visitors, Bangor is the third largest city in the state.
  • Cities of the United States - The Northeast 19 January 2010 9:54 UTC www.city-data.com [Source type: News]

^ Buoyed by victories in World Wars I and II and the end of the Cold War in 1991, the US remains the world's most powerful nation state.
  • CIA - The World Factbook -- United States 19 January 2010 9:54 UTC www.umsl.edu [Source type: FILTERED WITH BAYES]

[84] .Rising US national debt and the related rise of China have led to some, especially the Chinese, to call for replacing the dollar as the world's reserved currency, but thus far this has been only speculation.^ The reverses are identical, except that " National Currency, Federal Reserve Bank Note " replaces " Federal Reserve Note " and the obligations are different -- Federal Reserve Notes were redeemable in gold, while National Currency could not be used for duties on imports or payments on the public debt.
  • Six Kinds of United States Paper Currency 19 January 2010 9:54 UTC www.friesian.com [Source type: Original source]

^ Under the chairmanship of Ben Bernanke, the Federal Reserve is in the midst of a giant economic experiment, flooding the world with U.S. dollars, hoping that flood will stimulate economic activity.
  • Terence Corcoran: Is this the end of America? - FP Comment 19 January 2010 9:54 UTC network.nationalpost.com [Source type: Original source]

^ As far as the winding up order is concerned, Portsmouth claim that they owe only two months' worth of PAYE, VAT and National Insurance contrbutions.
  • The Political Economy of Football | UK and World Soccer 19 January 2010 9:54 UTC footballeconomy.com [Source type: News]

[85]
.The dollar used gold standard and/or silver standard from 1785 until 1975, when it became a fiat currency.^ That would have been unacceptable in international trade and finance in that day and age of the ascendant Gold Standard -- when Britain and the Bank of England set the standard for sound coinage and sound currency.
  • Six Kinds of United States Paper Currency 19 January 2010 9:54 UTC www.friesian.com [Source type: Original source]

^ Gold backed digital currencies already hold the solution to our debt laiden fiat system of inflation.
  • Terence Corcoran: Is this the end of America? - FP Comment 19 January 2010 9:54 UTC network.nationalpost.com [Source type: Original source]

^ Until 1963 all United States currency stated that its value was "Payable to the Bearer on Demand," which reflected the circumstance that real money was originally considered to be gold or silver coin , not a paper document.
  • Six Kinds of United States Paper Currency 19 January 2010 9:54 UTC www.friesian.com [Source type: Original source]

Government involvement

Regulations

.The U.S. federal government regulates private enterprise in numerous ways.^ These claims, several of which have resulted in damages paid or regulations rescinded, have had a chilling effect on government efforts to regulate private businesses throughout the hemisphere.
  • The high price of ‘free’ trade 19 January 2010 9:54 UTC www.epi.org [Source type: FILTERED WITH BAYES]

^ Many environmental conflicts become battles between private developers and companies and the federal government.
  • Culture of United States of America - traditional, history, people, clothing, traditions, women, beliefs, food, customs, family, social, dress, marriage, men, life, immigrants, wedding, population, religion 19 January 2010 9:54 UTC www.everyculture.com [Source type: FILTERED WITH BAYES]

^ Capitalism promotes private enterprise and laissez-faire government that doesn't interfere with how companies run their businesses.
  • The United States of America: A Failing Superpower- The Politics eZine 19 January 2010 9:54 UTC www.lilith-ezine.com [Source type: FILTERED WITH BAYES]

.Regulation falls into two general categories.^ Terellia virens often has two generations, depending upon fall weather (Groppe and Marquardt, 1989b).
  • Spotted Knapweed - Biological Control of Invasive Plants in the Eastern United States 19 January 2010 9:54 UTC www.invasive.org [Source type: Academic]

.Some efforts seek, either directly or indirectly, to control prices.^ Every part of it was either directly controlled by the authorities or subject to drastic distortion by virtue of its relations with suppliers and customers who were tightly controlled.
  • Wartime Prosperity? A Reassessment of the U.S. Economy in the 1940s: Newsroom: The Independent Institute 19 January 2010 9:54 UTC www.independent.org [Source type: FILTERED WITH BAYES]

^ Take a look at the chart below.  The red bars are the Fed Funds rate (which Volcker directly controlled).  The blue line is unemployment (which he indirectly controlled).  .

.Traditionally, the government has sought to prevent monopolies such as electric utilities from raising prices beyond the level that would ensure them extremely large profits.^ They believed that a larger money supply would cause prices to rise, increase the price of their crops, and raise their incomes.
  • History Of The United States Of America, Part Four 19 January 2010 9:54 UTC history-world.org [Source type: Original source]

^ But at some level, we can't say we blame them.  Given our current national attitude, we would fire them instantly for even daring to suggest such a thing.  .

^ A power generator that an electrical utility would build is large, 300 megawatts, would use a steam turbine after coal is burned.
  • The United States of Waste « Climate Progress 19 January 2010 9:54 UTC climateprogress.org [Source type: FILTERED WITH BAYES]

.At times, the government has extended economic control to other kinds of industries as well.^ The U.S. government now controls the U.S. mortgage industry, which means two very favorable things for home builders: The near-term future of mortgage liquidity will be set by policy rather than economics.

^ At the same time, advertising firms that help market these goods to consumers at home and in other countries now constitute one of the biggest industries in the country.
  • Culture of United States of America - traditional, history, people, clothing, traditions, women, beliefs, food, customs, family, social, dress, marriage, men, life, immigrants, wedding, population, religion 19 January 2010 9:54 UTC www.everyculture.com [Source type: FILTERED WITH BAYES]

^ The U.S. and Israel, as well as various other countries, also reduced contacts with the Austrian Government.
  • Austria (10/09) 19 January 2010 9:54 UTC www.state.gov [Source type: FILTERED WITH BAYES]

.In the years following the Great Depression, it devised a complex system to stabilize prices for agricultural goods, which tend to fluctuate wildly in response to rapidly changing supply and demand.^ His approach to the Great Depression changed the role of the U.S. government by increasing its power in unprecedented ways.
  • History Of The United States Of America, Part Seven 19 January 2010 9:54 UTC history-world.org [Source type: Original source]

^ I am employed in retail, our price on consumer goods have rapidly increased at an average of 10% per quarter, now at a 30% increase since January, with more increases expected for this quarter.
  • The Futurist: The US Economy Today - Amazing Resilience 20 September 2009 5:49 UTC futurist.typepad.com [Source type: General]

^ The market, always tending toward equilibrium per se, always tends toward full employment, equilibrium between the supply of and demand for labor.
  • The State of Manufacturing in the United States 19 January 2010 9:54 UTC cafehayek.com [Source type: Original source]

.A number of other industries—trucking and, later, airlines—successfully sought regulation themselves to limit what they considered as harmful price cutting, a process called regulatory capture.^ But the idea that Bowman and other federal banking regulators are fighting a sweeping financial industry overhaul taking shape in Congress has infuriated supporters of the legislation.
  • Failed Economic Policies and Rising Unemployment in the United States of America 19 January 2010 9:54 UTC globalresearch.ca [Source type: News]

^ A perhaps more successful but less dramatic attack on inflation involved the "deregulation" of numerous industries, including airlines, trucking, and railroads.
  • United States Economy - A Brief History 19 January 2010 9:54 UTC countrystudies.us [Source type: FILTERED WITH BAYES]

^ They encourage regulation of the nuclear energy industry and want more standards to protect our heath and our environment.
  • Counterarguments Regarding the United States Economy from Conservative and Liberal Mindsets @ Omni Prime 19 January 2010 9:54 UTC plaza.ufl.edu [Source type: Original source]

[86]
.Another form of economic regulation, antitrust law, seeks to strengthen market forces so that direct regulation is unnecessary.^ He pushed to strengthen market forces in some sectors, working with Congress to open local telephone service to competition.
  • United States Economy - A Brief History 19 January 2010 9:54 UTC countrystudies.us [Source type: FILTERED WITH BAYES]

^ We view the Pigou approach as just another form of central planning dressed up in free market terminology.
  • Terence Corcoran: Is this the end of America? - FP Comment 19 January 2010 9:54 UTC network.nationalpost.com [Source type: Original source]

^ Judicious Regulation Using Market Forces Rather than Central Authority – In the United States careful regulation and a reliance on market forces have resulted in a balanced system of incentives.
  • United States-China Economic and Security Review Commission Hearing June 7, 2006 - Statement of Edward Jung 19 January 2010 9:54 UTC www.uscc.gov [Source type: FILTERED WITH BAYES]

.The government—and, sometimes, private parties—have used antitrust law to prohibit practices or mergers that would unduly limit competition.^ Our Right to Petition Petitions: All Laws prohibiting, banning, or otherwise restricting the use of Petitions shall be stricken from the Laws immediately.
  • Amendments to the Constitution of the United States of AmericaTo Preserve and Protect Our Rights - The Petition Site 19 January 2010 9:54 UTC www.thepetitionsite.com [Source type: Original source]

^ State laws prohibit even bilingual personnel from using Spanish with Spanish-speaking patients in hospitals or with students in schools.
  • Culture of United States of America - traditional, history, people, clothing, traditions, women, beliefs, food, customs, family, social, dress, marriage, men, life, immigrants, wedding, population, religion 19 January 2010 9:54 UTC www.everyculture.com [Source type: FILTERED WITH BAYES]

^ With the exception of limited government care for the elderly and the disabled, health care is private and profit-based.
  • Culture of United States of America - traditional, history, people, clothing, traditions, women, beliefs, food, customs, family, social, dress, marriage, men, life, immigrants, wedding, population, religion 19 January 2010 9:54 UTC www.everyculture.com [Source type: FILTERED WITH BAYES]

[87]
.Bank regulation in the United States is highly fragmented compared to other G10 countries where most countries have only one bank regulator.^ Think about what we produce in the United States versus other countries.
  • Disease Economy: How the United States economy runs on "treating" chronic disease 19 January 2010 9:54 UTC www.naturalnews.com [Source type: FILTERED WITH BAYES]

^ And the United States is NOT a purely capitalist country.
  • Using the United States to Scare Germans - Atlantic Review - Analysis of Transatlantic Relations and U.S. Foreign Policy 19 January 2010 9:54 UTC atlanticreview.org [Source type: Original source]

^ That the United States is one of the highest productivity countries in the world is indisputable.
  • United States Technological Superiority and the Losses From Migration | Center for Immigration Studies 19 January 2010 9:54 UTC www.cis.org [Source type: Academic]

.In the U.S., banking is regulated at both the federal and state level.^ The desire of the federal government to monopolize banknotes is evident in the tax that was subsequently levied on all banknotes issued by State banks.
  • Six Kinds of United States Paper Currency 19 January 2010 9:54 UTC www.friesian.com [Source type: Original source]

^ But the idea that Bowman and other federal banking regulators are fighting a sweeping financial industry overhaul taking shape in Congress has infuriated supporters of the legislation.
  • Failed Economic Policies and Rising Unemployment in the United States of America 19 January 2010 9:54 UTC globalresearch.ca [Source type: News]

^ Not only did he personally vote against establishing a federal holiday honoring MLK, he actively spoke against establishing MLK day at both the federal and state level.
  • gedblog » Blog Archive » 100 Reasons Why McCain Won’t Be President of the United States 19 January 2010 9:54 UTC gedblog.com [Source type: FILTERED WITH BAYES]

.The U.S also has one of the most highly regulated banking environments in the world; however, many of the regulations are not safety and soundness related, but are instead focused on privacy, disclosure, fraud prevention, anti-money laundering, anti-terrorism, anti-usury lending, and promoting lending to lower-income segments.^ The USSR was a highly centralized state, with most political and economic power held by one of it`s sixteen republics.
  • The Coming Collapse of the United States – Neatorama 19 January 2010 9:54 UTC www.neatorama.com [Source type: Original source]

^ One of the most popular and valuable notes of all U.S. currency was the Series 1918 Federal Reserve Bank Note $2 .
  • Six Kinds of United States Paper Currency 19 January 2010 9:54 UTC www.friesian.com [Source type: Original source]

^ The world economy cannot have two, or even one-and-a-half, Chinese growth strategies from its two most important economies.
  • US Economy | Fair Currency Coalition 20 September 2009 5:49 UTC faircurrency.org [Source type: News]

[citation needed]
.Since the 1970s, government has also exercised control over private companies to achieve social goals, such as improving the public's health and safety or maintaining a healthy environment.^ Private banks, Wall Street and insurance companies with vast amounts of wealth control our country, make no mistake about it.
  • Failed Economic Policies and Rising Unemployment in the United States of America 19 January 2010 9:54 UTC globalresearch.ca [Source type: News]

^ The general public understands that it's a grossly unfair and unreasonable situation for risks to be socialized and gains to be private.
  • Failed Economic Policies and Rising Unemployment in the United States of America 19 January 2010 9:54 UTC globalresearch.ca [Source type: News]

^ Rob Elvin, the head of the safety, health and environment group at law firm Hammonds explained to The Times , 'A football club has duties, like any other company, to not expose employees or members of the public to health and safety risks.
  • The Political Economy of Football | UK and World Soccer 19 January 2010 9:54 UTC footballeconomy.com [Source type: News]

.For example, the Occupational Safety and Health Administration provides and enforces standards for workplace safety, and the United States Environmental Protection Agency provides standards and regulations to maintain air, water, and land resources.^ The United States is in a protected situation.
  • The Conquest of the United States by Spain - Wikisource 19 January 2010 9:54 UTC en.wikisource.org [Source type: Original source]

^ This is a successful and smart business strategy that is central to maintaining the global competitiveness of the United States.
  • United States-China Economic and Security Review Commission Hearing June 7, 2006 - Statement of Edward Jung 19 January 2010 9:54 UTC www.uscc.gov [Source type: FILTERED WITH BAYES]

^ Worse, it cedes control of their economy to the United States innovators, who can dictate the key standards of what is manufactured.
  • United States-China Economic and Security Review Commission Hearing June 7, 2006 - Statement of Edward Jung 19 January 2010 9:54 UTC www.uscc.gov [Source type: FILTERED WITH BAYES]

.The U.S. Food and Drug Administration regulates what drugs may reach the market, and also provides standards of disclosure for food products.^ A second reason for slower productivity growth in Europe is that the labor and product market frictions that characterize many European economies may have become more binding.
  • Is the United States Losing Its Productivity Advantage? - Federal Reserve Bank of New York 19 January 2010 9:54 UTC www.newyorkfed.org [Source type: FILTERED WITH BAYES]

^ When productivity growth is strong, an economy becomes wealthier, living standards rise, and short-run inflationary pressures may be tempered.
  • Is the United States Losing Its Productivity Advantage? - Federal Reserve Bank of New York 19 January 2010 9:54 UTC www.newyorkfed.org [Source type: FILTERED WITH BAYES]

^ The government also set up work camps for the unemployed, refinanced mortgages, provided emergency relief, and regulated the stock market through the Securities and Exchange Commission.
  • History Of The United States Of America, Part Seven 19 January 2010 9:54 UTC history-world.org [Source type: Original source]

[88]
.American attitudes about regulation changed substantially during the final three decades of the 20th century.^ This is the 21st century, 19th and 20th c attitudes will no longer be tolerated, they are a weakness and we can not afford them.
  • The Coming Collapse of the United States – Neatorama 19 January 2010 9:54 UTC www.neatorama.com [Source type: Original source]

^ As the American economy matured in the 20th century, however, the freewheeling business mogul lost luster as an American ideal.
  • United States Economy - A Brief History 19 January 2010 9:54 UTC countrystudies.us [Source type: FILTERED WITH BAYES]

^ Many challenges lay ahead, but the nation had weathered the 20th century -- and the enormous changes it brought -- in good shape.
  • United States Economy - A Brief History 19 January 2010 9:54 UTC countrystudies.us [Source type: FILTERED WITH BAYES]

.Beginning in the 1970s, policy makers grew increasingly convinced that economic regulation protected companies at the expense of consumers in industries such as airlines and trucking.^ American economic policy-makers found they increasingly had to weigh global economic conditions in charting a course for the domestic economy.
  • United States Economy - A Brief History 19 January 2010 9:54 UTC countrystudies.us [Source type: FILTERED WITH BAYES]

^ In such a volatile and fragile economic environment, the consumers' normal tendency is to cut back on spending.

^ The automobile industry successfully converted back to producing cars, and new industries such as aviation and electronics grew by leaps and bounds.
  • United States Economy - A Brief History 19 January 2010 9:54 UTC countrystudies.us [Source type: FILTERED WITH BAYES]

.At the same time, technological changes spawned new competitors in some industries, such as telecommunications, that once were considered natural monopolies.^ It is being debated in some states, including California and New York, and it is legal for same-sex couples to marry in Massachusetts.
  • Culture of United States of America - traditional, history, people, clothing, traditions, women, beliefs, food, customs, family, social, dress, marriage, men, life, immigrants, wedding, population, religion 19 January 2010 9:54 UTC www.everyculture.com [Source type: FILTERED WITH BAYES]

^ The automobile industry successfully converted back to producing cars, and new industries such as aviation and electronics grew by leaps and bounds.
  • United States Economy - A Brief History 19 January 2010 9:54 UTC countrystudies.us [Source type: FILTERED WITH BAYES]

^ At the same time, advertising firms that help market these goods to consumers at home and in other countries now constitute one of the biggest industries in the country.
  • Culture of United States of America - traditional, history, people, clothing, traditions, women, beliefs, food, customs, family, social, dress, marriage, men, life, immigrants, wedding, population, religion 19 January 2010 9:54 UTC www.everyculture.com [Source type: FILTERED WITH BAYES]

Both developments led to a succession of laws easing regulation.[89]
.While leaders of America's two most influential political parties generally favored economic deregulation during the 1970s, 1980s, and 1990s, there was less agreement concerning regulations designed to achieve social goals.^ Political parties and leaders: .
  • CIA - The World Factbook 2002 -- United States 19 January 2010 9:54 UTC www.faqs.org [Source type: FILTERED WITH BAYES]

^ During the war there was heightened concern that Saddam Hussein might use chemical weapons against American and allied troops.
  • The United States of America: A Failing Superpower- The Politics eZine 19 January 2010 9:54 UTC www.lilith-ezine.com [Source type: FILTERED WITH BAYES]

^ At the top of the list will be assuring recovery from the most serious global economic crisis in generations and assuring balanced and sustained global growth once recovery has taken hold.
  • US Economy | Fair Currency Coalition 20 September 2009 5:49 UTC faircurrency.org [Source type: News]

.Social regulation had assumed growing importance in the years following the Depression and World War II, and again in the 1960s and 1970s.^ The start of World War II was near.
  • History Of The United States Of America, Part Seven 19 January 2010 9:54 UTC history-world.org [Source type: Original source]

^ Years of Change: The 1960s and 1970s .
  • United States Economy - A Brief History 19 January 2010 9:54 UTC countrystudies.us [Source type: FILTERED WITH BAYES]

^ World War II - - - The road to war .
  • United States -- Britannica Online Encyclopedia 19 January 2010 9:54 UTC www.britannica.com [Source type: Reference]

.During the 1980s, the government relaxed labor, consumer and environmental rules based on the idea that such regulation interfered with free enterprise, increased the costs of doing business, and thus contributed to inflation.^ The government also has pursued cost-cutting measures, including tax cuts and wage and rent reductions, to lower the cost of doing business in Singapore.
  • Singapore (09/09) 19 January 2010 9:54 UTC www.state.gov [Source type: FILTERED WITH BAYES]

^ Lower labor costs may also allow them to lower costs to customers, increasing the number of customers who can afford their services and allowing their businesses to grow — also increasing profits.
  • The Economic Impacts of Mass Immigration into the United States: And the Proper Progressive Response « PFIR 19 January 2010 9:54 UTC www.progressivesforimmigrationreform.org [Source type: Original source]

^ Families don't go bankrupt caring for a sick child or nursing Grandma, thus freeing them up to do other things -- starting a business, investing, etc.
  • The American Spectator : The Coming Demise of the Strange Co-Presidency of the United States 19 January 2010 9:54 UTC spectator.org [Source type: Original source]

.The response to such changes is mixed; many Americans continued to voice concerns about specific events or trends, prompting the government to issue new regulations in some areas, including environmental protection.^ A visitor to the Phoenix metropolitan area will find many sights and attractions, some of them related to frontier history and the natural beauty of Salt River Valley.
  • Cities of the United States - The West 19 January 2010 9:54 UTC www.city-data.com [Source type: FILTERED WITH BAYES]

^ It is being debated in some states, including California and New York, and it is legal for same-sex couples to marry in Massachusetts.
  • Culture of United States of America - traditional, history, people, clothing, traditions, women, beliefs, food, customs, family, social, dress, marriage, men, life, immigrants, wedding, population, religion 19 January 2010 9:54 UTC www.everyculture.com [Source type: FILTERED WITH BAYES]

^ While many Americans remained convinced that global economic integration benefited all nations, the growing interdependence created some dislocations as well.
  • United States Economy - A Brief History 19 January 2010 9:54 UTC countrystudies.us [Source type: FILTERED WITH BAYES]

[90]
.Where legislative channels have been unresponsive, some citizens have turned to the courts to address social issues more quickly.^ Is one (or more) Supreme Court clerk sabotaging all efforts to bring this issue before the Court?
  • Terence Corcoran: Is this the end of America? - FP Comment 19 January 2010 9:54 UTC network.nationalpost.com [Source type: Original source]

^ This might buy them some more time, as the courts might be reluctant to implement a winding up order with a case pending.
  • The Political Economy of Football | UK and World Soccer 19 January 2010 9:54 UTC footballeconomy.com [Source type: News]

^ They can't sell their US$ holdings without killing the US$ which in turn hurts them in the pocket book and allowing us to more quickly vaporize our national debt.
  • Terence Corcoran: Is this the end of America? - FP Comment 19 January 2010 9:54 UTC network.nationalpost.com [Source type: Original source]

For instance, in the 1990s, individuals, and eventually the government itself, sued tobacco companies over the health risks of cigarette smoking. .The 1998 Tobacco Master Settlement Agreement provided states with long-term payments to cover medical costs to treat smoking-related illnesses.^ Long-term problems include inadequate investment in economic infrastructure, rapidly rising medical and pension costs of an aging population, sizable trade deficits, and stagnation of family income in the lower economic groups.
  • CIA - The World Factbook 2002 -- United States 19 January 2010 9:54 UTC www.faqs.org [Source type: FILTERED WITH BAYES]

^ One long-term effect was an activist state that extended the powers of government in unprecedented ways, particularly in the economy.
  • History Of The United States Of America, Part Seven 19 January 2010 9:54 UTC history-world.org [Source type: Original source]

^ Long-term economic trends in the European Union do not bode well for the United States.
  • Trends in the European Union and Russia: Implications for the United States 19 January 2010 9:54 UTC www.heritage.org [Source type: FILTERED WITH BAYES]

[91]

Taxation

.Taxation in the United States is a complex system which may involve payment to at least four different levels of government and many methods of taxation.^ Is the United States government effectively bankrupt?

^ It is an impossibility on account of the complexity of our system of State and Federal government.
  • The Conquest of the United States by Spain - Wikisource 19 January 2010 9:54 UTC en.wikisource.org [Source type: Original source]

^ Power generation in the United States comes in many different forms.
  • Counterarguments Regarding the United States Economy from Conservative and Liberal Mindsets @ Omni Prime 19 January 2010 9:54 UTC plaza.ufl.edu [Source type: Original source]

.United States taxation includes local government, possibly including one or more of municipal, township, district and county governments.^ State and local government - Political process .
  • United States -- Britannica Online Encyclopedia 19 January 2010 9:54 UTC www.britannica.com [Source type: Reference]

^ Is the United States government effectively bankrupt?

^ The judicial branch - State and local government .
  • United States -- Britannica Online Encyclopedia 19 January 2010 9:54 UTC www.britannica.com [Source type: Reference]

.It also includes regional entities such as school and utility, and transit districts as well as including state and federal government.^ Federal spending increased dramatically, as the government launched such new programs as Medicare (health care for the elderly), Food Stamps (food assistance for the poor), and numerous education initiatives (assistance to students as well as grants to schools and colleges).
  • United States Economy - A Brief History 19 January 2010 9:54 UTC countrystudies.us [Source type: FILTERED WITH BAYES]

^ This pertains to all of the people in Power in our Government, including the Lawmakers of each State.
  • Amendments to the Constitution of the United States of AmericaTo Preserve and Protect Our Rights - The Petition Site 19 January 2010 9:54 UTC www.thepetitionsite.com [Source type: Original source]

^ These are just hypothetical ideas of how other countries might influence various regions if the central government of the United States went belly up.
  • The Coming Collapse of the United States – Neatorama 19 January 2010 9:54 UTC www.neatorama.com [Source type: Original source]

.The National Bureau of Economic Research has concluded that the combined federal, state, and local government average marginal tax rate for most workers to be about 40% of income.^ State and local government - Political process .
  • United States -- Britannica Online Encyclopedia 19 January 2010 9:54 UTC www.britannica.com [Source type: Reference]

^ The United States is a federal republic composed of a national government and fifty state governments.
  • Culture of United States of America - traditional, history, people, clothing, traditions, women, beliefs, food, customs, family, social, dress, marriage, men, life, immigrants, wedding, population, religion 19 January 2010 9:54 UTC www.everyculture.com [Source type: FILTERED WITH BAYES]

^ The judicial branch - State and local government .
  • United States -- Britannica Online Encyclopedia 19 January 2010 9:54 UTC www.britannica.com [Source type: Reference]

[92][93] The Tax Foundation concluded that government at all levels will collect 30.8% of the nation's income for 2008.[94] Tax Day, the day by which tax returns are due, is usually April 15.

Expenditure

The United States public sector spending amounts to about a third of the GDP.
.Each level of government provides many direct services.^ STAT-USA/Internet , a service of the U.S. Department of Commerce, provides authoritative economic, business, and international trade information from the Federal government.
  • Singapore (09/09) 19 January 2010 9:54 UTC www.state.gov [Source type: FILTERED WITH BAYES]
  • Austria (10/09) 19 January 2010 9:54 UTC www.state.gov [Source type: FILTERED WITH BAYES]

^ Pelosi argued that the VAT would level the playing field between U.S. and foreign manufacturers, the latter of which do not have pension and healthcare costs included in the price of their goods because their governments provide those services, financed by similar taxes.
  • Failed Economic Policies and Rising Unemployment in the United States of America 19 January 2010 9:54 UTC globalresearch.ca [Source type: News]

^ Reply Report I've always wondered how many levels of government we need.
  • The breakup of the United States - Boing Boing 19 January 2010 9:54 UTC www.boingboing.net [Source type: FILTERED WITH BAYES]

.The federal government, for example, is responsible for national defense, backs research that often leads to the development of new products, conducts space exploration, and runs numerous programs designed to help workers develop workplace skills and find jobs (including higher education).^ The stock market crash of 1929 led to the Great Depression , which New Deal legislation combated by increasing the federal government’s role in the economy.
  • United States -- Britannica Online Encyclopedia 19 January 2010 9:54 UTC www.britannica.com [Source type: Reference]

^ It’s a much more constructive use of our energy to focus on leading free, productive lives, and protest when our efforts to do so run into government-imposed barriers.
  • Pajamas Media » The United States of Audacity 19 January 2010 9:54 UTC pajamasmedia.com [Source type: Original source]

^ The question we ask today is not whether our government is too big or too small, but whether it works - whether it helps families find jobs at a decent wage, care they can afford, a retirement that is dignified.
  • History Begins Again: Barack Obama as 44th President of the United States - The Washington Note 19 January 2010 9:54 UTC www.thewashingtonnote.com [Source type: Original source]

.Government spending has a significant effect on local and regional economies—and even on the overall pace of economic activity.^ One long-term effect was an activist state that extended the powers of government in unprecedented ways, particularly in the economy.
  • History Of The United States Of America, Part Seven 19 January 2010 9:54 UTC history-world.org [Source type: Original source]

^ Despite huge spending, it has not been proved that the human effect on the climate is significant .
  • Terence Corcoran: Is this the end of America? - FP Comment 19 January 2010 9:54 UTC network.nationalpost.com [Source type: Original source]

^ Of all the government spending, the spending that goes towards the military has the most multiplier effects.
  • Counterarguments Regarding the United States Economy from Conservative and Liberal Mindsets @ Omni Prime 19 January 2010 9:54 UTC plaza.ufl.edu [Source type: Original source]

[citation needed]
.State governments, meanwhile, are responsible for the construction and maintenance of most highways.^ Most major state roads and highways converge in Augusta.
  • Cities of the United States - The Northeast 19 January 2010 9:54 UTC www.city-data.com [Source type: News]

^ Although most authority, including that of the police, rests with the federal government, the states have considerable responsibility for welfare matters and local administration.
  • Austria (10/09) 19 January 2010 9:54 UTC www.state.gov [Source type: FILTERED WITH BAYES]

^ Most Americans know that the United States government has financial problems, but few are aware as to just how dire these problems are, or how the government got itself into such a financial mess.
  • Dissident Voice : The Financial Status of the United States Government 19 January 2010 9:54 UTC dissidentvoice.org [Source type: Original source]

.State, county, or city governments play the leading role in financing and operating public schools.^ Since a charter revision in 1960, Jersey City has operated with a mayor-council form of government.
  • Cities of the United States - The Northeast 19 January 2010 9:54 UTC www.city-data.com [Source type: News]

^ Anaheim is served by the Anaheim City School District, which operates the elementary schools, and the Anaheim Union High School District, which oversees the junior high and high schools.
  • Cities of the United States - The West 19 January 2010 9:54 UTC www.city-data.com [Source type: FILTERED WITH BAYES]

^ Because the city has recently been in financial trouble while Allegheny County has remained solvent, there has been a movement to consolidate the 130 municipalities and 43 school districts under one central county government, or at least to increase cooperation among them.
  • Cities of the United States - The Northeast 19 January 2010 9:54 UTC www.city-data.com [Source type: News]

.Local governments are primarily responsible for police and fire protection.^ Although most authority, including that of the police, rests with the federal government, the states have considerable responsibility for welfare matters and local administration.
  • Austria (10/09) 19 January 2010 9:54 UTC www.state.gov [Source type: FILTERED WITH BAYES]

^ So imagine what happened to local government tax receipts for schools, police, fire?
  • Terence Corcoran: Is this the end of America? - FP Comment 19 January 2010 9:54 UTC network.nationalpost.com [Source type: Original source]

^ The Federal Reserve, established in 1913, is primarily concerned with monetary policy and fighting inflation, but also has some consumer protection responsibilities.
  • Failed Economic Policies and Rising Unemployment in the United States of America 19 January 2010 9:54 UTC globalresearch.ca [Source type: News]

[citation needed]
Overall, federal, state, and local spending accounted for almost 28% of gross domestic product in 1998.[95]
.As of January 20, 2009, the total U.S. federal debt was $10.627 trillion (an increase of 85.5 percent over the previous eight years).^ During this fiscal year, it will increase more than one percentage point per month, climbing to about 56 percent of G.D.P. from 41 percent.
  • US Economy | Fair Currency Coalition 20 September 2009 5:49 UTC faircurrency.org [Source type: News]

^ Obama's contribution to the U.S. national debt in under two months made GWB look like a rank rookie during his eight year term.
  • Terence Corcoran: Is this the end of America? - FP Comment 19 January 2010 9:54 UTC network.nationalpost.com [Source type: Original source]

^ The national debt that had taken 200 years to reach the first $1 trillion, doubled to $2 trillion in just five years, and quadrupled to $4 trillion in twelve years.
  • Dissident Voice : The Financial Status of the United States Government 19 January 2010 9:54 UTC dissidentvoice.org [Source type: Original source]

[96] .The borrowing cap debt ceiling as of 2005 stood at $8.18 trillion.^ GWB "finished the job" and left massive deficits, bank and Wall Street bailouts; as well as the trillion $$ debts of two wars "borrowed for" from China, etc.

[97] .In March 2006, Congress raised that ceiling an additional $0.79 trillion to $8.97 trillion, which is approximately 68% of GDP.[98] Congress has used this method to deal with an encroaching debt ceiling in previous years, as the federal borrowing limit was raised in 2002 and 2003.[99] As of October 4, 2008, the "The Emergency Economic Stabilization Act of 2008" raised the current debt ceiling to US$ 11.3 trillion.^ Nov 5, 2008 - 11:57 am 99.
  • Pajamas Media » The United States of Audacity 19 January 2010 9:54 UTC pajamasmedia.com [Source type: Original source]

^ Italy’s budget deficit is expected to rise to 4 to 4.5 percent of GDP in 2006–2007, significantly above the 3 percent ceil­ing set by the EU Stability and Growth Pact.
  • Trends in the European Union and Russia: Implications for the United States 19 January 2010 9:54 UTC www.heritage.org [Source type: FILTERED WITH BAYES]

^ Connecticut, the state with the most tax-supported debt, will borrow $2.25 billion over the next two years to balance its budget amid plunging income tax collections.
  • Failed Economic Policies and Rising Unemployment in the United States of America 19 January 2010 9:54 UTC globalresearch.ca [Source type: News]

[100]
.The federal government's debt rose by almost $1.4 trillion in 2009, and now stands at $12.1 trillion.^ Fed foreign holdings of Treasuries and Agency debt rose $583 million to a record $2.855 trillion.
  • Failed Economic Policies and Rising Unemployment in the United States of America 19 January 2010 9:54 UTC globalresearch.ca [Source type: News]

^ The national debt will continue to increase along with the size of federal government – (do you actually think the federal government will get smaller under an Obama Presidency?
  • Pajamas Media » The United States of Audacity 19 January 2010 9:54 UTC pajamasmedia.com [Source type: Original source]

^ Applications for Social Security benefits rose almost 50% more than expected this year because of the recession, according to the federal retirement program.
  • Failed Economic Policies and Rising Unemployment in the United States of America 19 January 2010 9:54 UTC globalresearch.ca [Source type: News]

[101] .While the U.S. public debt is the world's largest in absolute size, another measure is its size relative to the nation's GDP. As of 2009 the debt was 83 percent of GDP. This debt, as a percent of GDP, is still less than the debt of Japan (192 percent) and roughly equivalent to those of a few western European nations.^ The gross national product is the largest in the world.
  • Culture of United States of America - traditional, history, people, clothing, traditions, women, beliefs, food, customs, family, social, dress, marriage, men, life, immigrants, wedding, population, religion 19 January 2010 9:54 UTC www.everyculture.com [Source type: FILTERED WITH BAYES]

^ The US has the largest and most technologically powerful economy in the world, with a per capita GDP of $36,300.
  • CIA - The World Factbook 2002 -- United States 19 January 2010 9:54 UTC www.faqs.org [Source type: FILTERED WITH BAYES]

^ More than 80 percent of U.S. natural gas imports come from Canada , mainly from the western provinces of Alberta, British Columbia, and Saskatchewan.
  • Energy profile of the United States - Encyclopedia of Earth 19 January 2010 9:54 UTC www.eoearth.org [Source type: FILTERED WITH BAYES]

[102] The total debt is projected to continue increasing significantly during President Obama's administration to nearly 100% of GDP, its highest level since World War II.[103] Some projections put public debt at 200% of GDP by 2038.[104]
.Bruce Bartlett estimates that Medicare and Social Security are facing a combined unfunded liability of $106.4 trillion.^ Social Security and Medicaid/Medicare shall no longer be cut for any reason at all without the Vote of the Citizens of the United States.
  • Amendments to the Constitution of the United States of AmericaTo Preserve and Protect Our Rights - The Petition Site 19 January 2010 9:54 UTC www.thepetitionsite.com [Source type: Original source]

.Nation's total private net worth is $51.5 trillion, according to the Federal Reserve.^ It is unclear if the money was taken from state, federal, or private funds, according to the subpoena.
  • Failed Economic Policies and Rising Unemployment in the United States of America 19 January 2010 9:54 UTC globalresearch.ca [Source type: News]

^ The National Trades Union Congress (NTUC), the sole trade union federation, comprises almost 99% of total organized labor.
  • Singapore (09/09) 19 January 2010 9:54 UTC www.state.gov [Source type: FILTERED WITH BAYES]

^ According to Friedman and Schwartz, why did the Federal Reserve fail to prevent the banking panics of 1930-33?
  • Sullivan, R. Economic History of the United States 19 January 2010 9:54 UTC eh.net [Source type: FILTERED WITH BAYES]

[105]

See also

References

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