In hindsight, it appears that the labor department statistics concurred with the Kerry camp. When Bush still won, unemployment trend indicators seem to be coming true now and there seems to be more problems on the horizon for the economy. The Bureau of Labor Statistics indicated recently that new jobs being created in the economy were the types of jobs that cannot fuel economic growth. Thus, the economy is and will continue to lose jobs to cheaper labor markets around the globe.
The Federal Reserve has dictated the cost of capital for businesses to borrow. Trends show that cash shortages in corporate American are increasing and borrowing heavily will be a likely result. Therefore, future actions of the Federal Reserve impacts a major aspect of America's future. Trends to observe by the Fed relate to consumer consumption and governmental spending. The Bush administration continues to have trouble paying its bills and they even have raised the national debt level. The Fed will continue to raise and lower interest rates in order to stave off inflation rates and keep the nation out of recessions. The federal government also has increased spending to maintain the cost of the Iraq and other governmental issues.
In conclusion, this report was about capitalism and...
Economic Challenges Canada Faces In recent years, the challenging economic condition in Canada has emerged as a concern for citizens, policy makers and the government alike. Canada faces challenges in terms of creating a more innovative society, as the country continues to experience a significant productivity gap compared to other advanced industrial economies. The Canadian industry appears to be slower in successfully developing, applying and marketing innovative products, processes and services
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