USA still has strong fundamentals Is it true? yes they have it.They can beat economic crisis.
There are claims and counter claims on economic crisis of America.Every year when Nobel award community declares awards to scientists for fundamental research, I found many of them are Americans or at least one every year.Universities are well equipped and projects and concepts ahead of time are getting implemented.Marketing of research related products is another strong point.
Peace keepers often blamed Arms industry of America that it's over expansion is the cause of economic crisis.
Obama said Us.cannot go down to No.2, It think there is no ego and sentiments but national pride and spirit
Politics and economics are malleable. You can have political theories built on maxims and deductions from maxims,. Same way with economics. However, economics is not all science. It is science and art. it goes without saying that the powers that be in economics know the rules and can bend the rules or go around them according to their agenda. If there is one company they dislike they can raise the interest rate and wipe out that company. Or they can create a depression.
That is not the case with physical laws. If you don't apply Einstein's general theory of relativity and you are out in space, you can be marooned there forever.
The problem resides with the underlying economic model and the criteria used to assess it.
Both @conrad and @vrdm are correct. I would add the political climate also plays a large role. I cannot see getting out of the crisis, once and for all, without Congress going back to what it used to do prior to 1996 ... compromise; true compromise
The only problem with the US is LIARS. Everywhere you look, Obamacare, http://thefrogprince.hubpages.com/hub/A … -12336258, the IRS, Benghazi, well frankly anything to do with this administration ! http://nypost.com/2013/11/18/census-fak … bs-report/
So how do you get rid of liars - the only way is to reduce the size of government- at least we'd have fewer liars that way and less for them to lie about!
We now have the two greatest examples of the failure of big government in history - Ovomitcare and ...
The IRS scandal, a tax system that is totally unequal creating opportunity for it to be used for political persecution and manipulations of all kinds. And what do you hear about it? Are the Republicans out there in the media driving home the message that this system, the government doesn't work, is too big to be effective? The proof is staring everyone in the face, yet the only fixes our elected officials can come up with is more government? This is insane!
Every day reveals more lies and liars and it will only get worse as "phony" scandals eventually become the straws of reality that break the camel's back.
Liar Liar, the country's on fire. Thank you LIAR In Chief Barachio Ovomit. http://obamalies.net/list-of-lies
by chaixkee 7 years ago
Is there really an economic crisis?
by Mark 7 years ago
Will the USA ever overcome the economic crisis that the Bush Administration has left us in?
by Research Analyst 8 years ago
will the economic crisis cause more people to start a home business?
by pramodgokhale 3 years ago
Can EU beat economic crisis? Yes they can I hopeEuropeans are known for their Innovation and Invention.Without doubt they gifted great Inventions and discoveries to the world.After the WW-II they built European Union and started free trading Commerce and common currency Euro again they built...
by pramodgokhale 6 years ago
Can USA go for Introspection? economic crisis would force them to do damage control, damage repairThe world is expecting that USA will come out of economic crisis , boom cycle will begin.To my knowledge US is still competent and Innovative, if acts to repair the system. Boom and Bust...
by Ralph Deeds 5 years ago
Economists Agree: Solutions Are ElusiveBy EDUARDO PORTERPublished: April 23, 2013 "Last week the International Monetary Fund hosted a conference of some of the world’s top macroeconomists to assess how the most intense crisis to have shaken the industrialized economies since the...
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