Verified Document

American Economic Culture There Is Essay

Meanwhile, the government's budget deficit has become so large that credit rating agencies have actually lowered the nation's credit ratings. The effect has caused concerns throughout the world that America's economy was in decline. The overall policy of the United States is still geared toward growth but despite efforts by the government to stimulate the economy there has been little to indicate that economy is recovering. Unemployment remains high and the housing market remains stagnant. Addressing these concerns is of paramount importance in order to increase the ordinary families' spending power and to cut the consuming public's reliance of debt. Culturally, the United States needs to discover the qualities and work ethic that once made it great. Only then can some of its other economic problems be overcome and the road to recovery begun.

The problems facing the American economy are serious ones. The world has changed dramatically in the past several decades and there is some concern that U.S. has not adjusted adequately or properly to these changes. Globalization has altered the playing field and the U.S. must find a way to adjust. Only time will determine how successfully the U.S. has adjusted.

Is America in Decline, the American Spectator, pp. 30-35 (2011).
Issa, Darrell. Unaffordable Housing and Political Kickbacks Rocked the American Economy, Harvard Journal of Law & Public Policy. pp: 407-419 (2010).

Izzo, Phil. Some 15% of U.S. Uses Food Stamps, the Wall Street Journal. http://blogs.wsj.com/economics/2011/11/01/some-15-of-u-s-uses-food-stamps / (November 2, 2011).

Jorgenson, Dale and Ho, Mun. Potential Growth of the U.S. Economy: Will the Productivity Resurgence Continue?, Business Economics. pp: 7-16 (2006).

American economic culture

Antle, W.J. Is America in Decline, the American Spectator, pp. 30-35 (2011).

Izzo, Phil. Some 15% of U.S. Uses Food Stamps, the Wall Street Journal. http://blogs.wsj.com/economics/2011/11/01/some-15-of-u-s-uses-food-stamps / (November 2, 2011).

Jorgenson, Dale and Ho, Mun. Potential Growth of the U.S. Economy: Will the Productivity Resurgence Continue?, Business Economics. pp: 7-16 (2006).

Issa, Darrell. Unaffordable Housing and Political Kickbacks Rocked the American Economy, Harvard Journal of Law & Public Policy. pp: 407-419 (2010).

Sources used in this document:
Works Cited

Antle, W.J. Is America in Decline, the American Spectator, pp. 30-35 (2011).

Issa, Darrell. Unaffordable Housing and Political Kickbacks Rocked the American Economy, Harvard Journal of Law & Public Policy. pp: 407-419 (2010).

Izzo, Phil. Some 15% of U.S. Uses Food Stamps, the Wall Street Journal. http://blogs.wsj.com/economics/2011/11/01/some-15-of-u-s-uses-food-stamps / (November 2, 2011).

Jorgenson, Dale and Ho, Mun. Potential Growth of the U.S. Economy: Will the Productivity Resurgence Continue?, Business Economics. pp: 7-16 (2006).
Izzo, Phil. Some 15% of U.S. Uses Food Stamps, the Wall Street Journal. http://blogs.wsj.com/economics/2011/11/01/some-15-of-u-s-uses-food-stamps / (November 2, 2011).
Cite this Document:
Copy Bibliography Citation

Related Documents

American Ethnic Culture
Words: 3266 Length: 12 Document Type: Research Paper

American Ethnic Culture What is an American? It is clear that Progressive era Americans from different backgrounds differentially defined precisely what being an American actually meant. Stephen Meyer wrote in the work entitled "Efforts at Americanization in the Industrial Workplace 1914-1921 that Americanization "…involved the social and cultural assimilation of immigrants into the mainstream of American life…" but that the process was of the nature that was comprised of "a unique and distinctly

American Political Culture and Values
Words: 2005 Length: 6 Document Type: Article Review

First, American ideas about freedom have evolved over time, and this might be the natural model for freedom. To believe that an emerging democracy would immediately look like modern day America ignores the fact that freedom continues to evolve in America. Moreover, freedom is guaranteed by certain institutions, such as an independent judiciary, that generally develop over time. In Presidential address: American freedom in a global age, Eric Foner gives

American Frontier and American Political Culture: What
Words: 732 Length: 2 Document Type: Term Paper

American Frontier and American Political Culture: What if anything has the frontier contributed to creating a distinctive American political culture? The notion of a vast and limitless space known as the 'frontier' is a particularly unique aspect of our national political culture, a luxury of space and ideology enjoyed by America alone. Unlike the nations of Europe, only America has had a notion of an expansive, ever-stretching and vast territory

History Political Social Economic Culture African American
Words: 1020 Length: 3 Document Type: Research Paper

Economic, Political, and Social History African American culture arose out of the turmoil and despair of the trans-Atlantic slave trade. From West African port towns to plantations, African American culture is unique in that it was forged under the pressure of bondage. People with different cultures and languages formed new identities relative to their subordinate social, economic, and political status—their culture therefore being in part defined by the experience of oppression

Native American Expressive Culture the
Words: 4153 Length: 15 Document Type: Term Paper

Black Elk utilizes his visions to create understanding of nearly all things he is later exposed to. The discussion in closing will further illuminate his utilization of vision, to ask for help for his people in a time of crisis. To discuss the vertical model of artistic communication it is difficult to narrow the filed to just one example, as Native American literature, and to a lesser degree film have

Human Capital in Latin American Economic Development
Words: 3626 Length: 13 Document Type: Term Paper

Human Capital in Latin American Economic Development HUMAN CAPITAL IN LATIN AMERICAN ECONOMIC Developtment The concern for the economic development in the developing countries has been an issue for several decades. Many policy makers around the globe in various developing countries have formulated development strategies for their economies in consultation with the developed countries and international bodies. The central focus of all the policies have been on the development and investment on

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now