future of the economy. There are seven references used for this paper.
The United States economy has experienced several changes in the past few years. It is important to look five economic indictors in order to speculate the direction the current economy is moving in.

Consumer Price Index

The economy continues to gather momentum in the midst of pessimistic reports. In November, there were two economic reports issued by the government.

One showed orders for durable goods plunging 3.1% from October, the largest drop in more than a year, including a sharp decline in orders for capital goods. The other showed the consumer price index falling 0.2% from the previous month, while the more stable core index, which excludes energy and food, declined 0.1%, the first outright drop in 20 years (Cooper)."

Housing Starts and Unemployment

Treasury Secretary John Snow acknowledges there has been a decline in the jobless rate and "a number of other…...

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Works Cited

Benjamin, Matthew, Angie C. Marek and Richard J. Newman. U.S. News and World Report.

2004): 12 January.

Cooper, James C. And Kathleen Madigan. Business Outlook: U.S.Economy: The Tea Leaves

Still Say "Happy New Year." Business Week. (2004): 12 January.

Macroeconomics
The current macroeconomic situation of the United States is generally positive. The major indicators -- GDP growth, unemployment, inflation and interest rates are all trending in the right direction, indicating the sort of stable economic growth that it the goal of monetary and fiscal policymakers. The following graph illustrates the trends for the past ten years for GDP growth and the unemployment rate:

What this shows is that the GDP contracted during the period 2008-2010 (roughly), coinciding with the Great ecession. Since that point, the GDP growth rate has been relatively sluggish, without a steady upward trend in the trendline, until recently. Only in the past couple of quarters has there been a return to a more normal rate of growth in the GDP (BEA, 2014).

The unemployment rate is a lagging indicator, and should move inverse to the GDP growth rate. The chart above shows this relationship. There is a slight…...

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References

BEA. (2014) Gross domestic product. Bureau of Economic Analysis. Retrieved December 2, 2014 from  http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm 

BLS. (2014). Labor force statistics from the current population survey. Bureau of Labor Statistics. Retrieved December 2, 2014 from  http://data.bls.gov/timeseries/LNS14 

BLS. (2014). Consumer price index. Bureau of Labor Statistics. Retrieved December 2, 2014 from  http://www.bls.gov/news.release/cpi.nr0.htm 

BoG, FRS. (2014). Why does the Federal Reserve aim for 2% inflation over time? Board of Governors of the Federal Reserve System. Retrieved December 2, 2014 from  http://www.federalreserve.gov/faqs/economy_14400.htm

However, there are two possible alternatives, a beneficial one and a less beneficial one. oth alternatives are based on the nature of the partnership between the two countries and refer to the fact that the United States offer economic support in exchange for military services. ut the Middle Eastern country is developing and is becoming stronger and more independent with each year.
The first alternative implies that a strong and developed Turkey realizes it no longer needs aid from the United States and based on cultural differences and other divergences, renounces the strategic alliances. This would have the major disadvantage of closing U.S.' door to the Middle East and loosing a trade partner. Consequently, if would negatively impact the American economy.

The second alternative, still keeping in mind Turkey's development, is that the country will continue, further develop and improve the international relations with the United States. Realizing the great importance…...

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Bibliography

U.S. Census Bureau, Top Trading Partners, Foreign Trade Statistics, 2007,   last accessed on November 29, 2007http://www.census.gov/foreign-trade/statistics/highlights/top/index.html ,

Turkey, Central Intelligence Agency, the World Factbook, 2007,   last accessed on November 29, 2007https://www.cia.gov/library/publications/the-world-factbook/geos/tu.html ,

Background Note: Turkey, U.S. Department of State, Bureau of European and Eurasian Affairs, September 2007,   last accessed on November 29, 2007http://www.state.gov/r/pa/ei/bgn/3432.htm ,

Cook, Steven a and Sherwood-Randall, Elizabeth, Building a New Era in U.S. - Turkey Relations, the Washington Post, June 2006

I therefore believe that, the U.S. president should have his hands to steer this aspect by balancing interest rates as well as inflation. When inflation increases, interest rates should also increase to discourage borrowing.
The other significant argument is by Kathy Lee that the U.S. president should raise taxes while reduce government spending. The U.S. government should increase tax to encourage the citizens of U.S. with enough money from businesses to pay tax which will increase circulation of money and spur the economy upwards fro the god of all. . On the other hand, I also agree with Patricia advice regarding the Federal Reserve. It is true that government should encourage selling of bonds and raising the requirement of the bank reserve since it will improve the stability of many banks to customers' deposits yet leaving the interest rates intact so that people can still invest in the bonds and…...

Economics
US Economy 2009

economy had had to adapt and change over the years. The country has moved from a nation where there were significant differences between the economic conditions as well as different policies which impact on the economic conditions of the states. A general trend over the last 200 years has been a movement away from manufacturing and towards white collar jobs, including high tech industries and the knowledge industries (Cadieux, 2009). The movement away from the manufacturing sectors has been caused by increased access to lower cost imports, were exporting countries, such as Mexico and China, have the benefit of comparative advantage.

The economy has shown some adaptability, as the shift from one sector has seen new sectors emerge and develop. The deindustrialization in the Northeast, which took place between the 1950s and 1960s, was also accompanied by increased activity in other sectors, such as universities and research which would…...

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References

Cadieux D, (2009), The U.S. Economy, 2009, Richard Ivey School of Business, 909M45

Schwartz, ND, (2014, Jan 30), Economy Is Expanding, but Obama's Legacy May Be Slipping Away, The New York Times, accessed 3rd Feb 2014 from  http://www.nytimes.com/2014/01/31/business/us-economy-grew-3-2-in-fourth-quarter.html?_r=0 

Trading Economics, (2014), United States Government Budget, accessed 3rd Feb 2014 from http://www.tradingeconomics.com/united-states/government-budget

Trading Economics, (2014), United States Unemployment Rate, accessed 3rd Feb 2014 from http://www.tradingeconomics.com/united-states/unemployment-rate

Cyberterrorism on the U.S. Economy
The Impact of Cyber Terrorism on the U.S. Economy

In accordance to the Federal Bureau of Investigation (FBI), cyber terrorism can be defined as a calculated and politically enthused attack against data, information, computer systems and computer programs, which in turn, brings about non-physical vehemence against civilian targets. In simple words, cyber terrorism implies making use of the web to cause detriment to the real world and more so to a civilian target, evolving an individual or a group's devout and political objectives. The threat of cyber terrorism to the general public, the government establishment and most of all the United States economy, lies in the fact that cyber terrorists have the capacity to shut down all of the main systems that are relied upon, such as the systems of banking and also water systems. The impacts that such an invasion has on the nation as…...

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References

Bucci, S. Rosenzweig, P., Inserra, D. (2013). A Congressional Guide: Seven Steps to U.S. Security, Prosperity, and Freedom in Cyberspace. Heritage.

CIA. (2000). Cyber Threats and the U.S. Economy. Retrieved 9 February 2016 from: https://www.cia.gov/news-information/speeches-testimony/2000/cyberthreats_022300.html 

Halder, D. (2011). Information Technology Act and Cyber Terrorism: A Critical Review. Academia.

Kleinbard, D., Richtmyer, R. (2000). U.S. Catches 'Love' virus. CNN Money. Retrieved 9 February, 2016 from:  http://money.cnn.com/2000/05/05/technology/loveyou/

Economics: The State of the U.S. Economy
Cousin Edgar, a global investor, is seeking to capitalize on the thriving gasoline industry and the rising world demand for oil by purchasing several gas stations in the U.S. market. Inspiring his interest is the high price of gasoline, which he reckons will rise even higher in the near future, thanks to the urbanization and industrialization currently being witnessed in the developing economies of Asia. Furthermore, the turmoil facing some of the world's largest oil- producers has spurred fears of supply disruptions, and, consequently, opened up growth avenues for smaller producers such as the U.S.

Cousin Edgar reckons that he will need financial reinforcement, which will most likely not be much of a problem, given that the ongoing recovery efforts have managed to stimulate loan growth to reasonable levels that are essentially near the pre-recession index. However, economic weakness still remains evident, and there are…...

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References

Board of Governors of the Federal Reserve System. Why are Interest Rates being Kept at a Low Level? Federal Reserve. Retrieved 12 June 2014 from  http://www.federalreserve.gov/faqs/money_12849.htm 

Elwell, C.K. (2013). Economic Recovery: Sustaining U.S. Economic Growth in a Post-Crisis Economy. Congressional Research Service. Retrieved 12 June 2014 from  http://www.fas.org/sgp/crs/misc/R41332.pdf 

Levine, L. (2013). Economic Growth and the Unemployment Rate. Congressional Research Service. Retrieved 12 June 2014 from  http://www.fas.org/sgp/crs/misc/R42063.pdf 

Multpl.com. (2014a). U.S. GDP Growth Rate by Year. Multpl.com Retrieved 12 June 2014 from  http://www.multpl.com/us-gdp-growth-rate/table/by-year

Global Economy Crisis (2008) for U.S. Economy
The economic crisis that was recently witnessed around the world including the United States and the various efforts that were made by the various governments in order to bring some stability to their economies, have raised questions on the strengths of free-market system and what informs interventions by the state. This paper's objective is to put into perspective the debate on interventions by the government and free-market efficiency. The paper also seeks to make a case for the need for regulating financial institutions so that economies are more stable (Aikins, 2009).

The economic crisis raised several questions on the place of the interventions states make in stabilizing economies as well as the strengths and weaknesses of the free market system. A lot of debate has been going on in this area. At the height of the crisis in 2008, various governments of industrialized countries,…...

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References

Aikins, SK 2009, 'Global financial crisis and government intervention: a case for effective regulatory governance,' International Public Management Review, Vol. 10 ? Is. 2

Allan, CM 1971, The theory of taxation, Harmondsworth: Penguin.

Blecker, BA 2013, 'Economic Stagnation in the United States: Underlying Causes and Global Consequences, In: Working Papers.' RePEc:amu:wpaper:2013-16.

Brown, MB 1984, Models in political economy, Hamondsworth: Penguin.

Small Business Act of 1958 and Contribution to Small-Scale Businesses to the U.S. Economy
Small-scale businesses have been accepted globally as instruments contributing to economic growth and development. Governments in many developing countries have adopted comprehensive efforts and policies aimed at improving the performance of small-scale businesses that have fallen short of expectations. Small-scale businesses face significant challenges that hinder their abilities to contribute to optimal economic growth and national development (Entrepreneurship 321). Therefore, this essay analyzes the Small Business Act of the year 1958. This will entail analyzing the historical perspective and implications of the act on the small businesses. The second section entails the analysis of the importance of small-scale businesses to the U.S. economy. This entails analysis of whether small-scale businesses contribute to the economy of the U.S.A.

The Small Business Act of the year 1958

The U.S. government enacted the Small Business Act of the year 1958 to…...

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Works cited

Counsel, House, Office of the Law Revision. United States Code, 2006, V. 8, Title 15, Commerce and Trade, Sections 80a-1 to End. Government Printing Office. Print.

Engineering, National Academy of. Risk and Innovation: The Role and Importance of Small, High-Tech Companies in the U.S. Economy. National Academies Press, 1995. Print.

Entrepreneurship, United States Congress Senate Committee on Small Business and. Small Business Act andthe Small Businesss Investment Act of 1958 Compilation. U.S.G.P.O., 2006.

Print.

Macro
The current state of the economy in the U.S. is generally favorable. Looking at the major macroeconomic variables, they are all at reasonable levels and more important they are trending in the right direction. This paper will look at critical variables such as the GDP, unemployment, inflation and interest rates.

The GDP is currently growing at 3.9% for the third quarter of 2014, after a 4.6% increase in the second quarter (BEA, 2014). This is healthy GDP growth. Over the past several years, the economy has been growing at a slower rate, during what was a sluggish recovery from the recession in 2009. But the current levels show that the GDP is finally getting to the point where it has recovered almost entirely, and growth is picking up. This is a positive trend in the economy. This means that the GDP will continue to grow. ight now, monetary policy is expansionary,…...

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References

BEA. (2014) Gross domestic product. Bureau of Economic Analysis. Retrieved December 3, 2014 from  http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm 

BLS. (2014). Labor force statistics from the current population survey. Bureau of Labor Statistics. Retrieved December 3, 2014 from  http://data.bls.gov/timeseries/LNS14 

BLS. (2014). Consumer price index. Bureau of Labor Statistics. Retrieved December 3, 2014 from  http://www.bls.gov/news.release/cpi.nr0.htm 

Federal Reserve Bank of New York. (2014). Federal funds data. Federal Reserve Bank of New York. Retrieved December 3, 2014 from  http://www.newyorkfed.org/markets/omo/dmm/fedfundsdata.cfm

Limiting Public Benefits
The United States economy is in serious trouble and the individual state economies are not faring much better. In times such as these, those elected into public office are called upon to find ways to save money and to help the struggling nation become strong again. For individual people living in America, the economy has directly impacted their everyday lives. Many people are out of work and more and more families are becoming dependant on financial assistance from either the state or federal government in order to keep going. hen there is no money to spend on food or clothing or shelter, the families suffer terribly. The government instituted public assistance and unemployment to help families who are in desperate need. One of the ways that politicians, particularly Republicans, have suggested for alleviating the government's financial responsibilities is to demand that all people who apply for governmental benefits…...

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Works Cited:

Bloom, R. (2011). Mandatory drug testing for unemployment benefits and TANF is costly and ineffective. ACLU.

Growing support for drug testing of welfare recipients. (2012). The New York Times. Associated Press.

Gupta, V. (2011). Mandatory drug testing demonizes and demoralizes. Debate Club.

MacPherson, J. (2013). ND bill pushes drug tests for welfare recipients. San Francisco

Summary
Economic forecasting refers to the process of trying to predict the future state of the economy through a series of different indicators. This process helps to understand the probable future of a nation’s economy and for policymaking to help promote economic growth. When developing an economic forecast, various macroeconomic factors/conditions are taken into consideration. This paper provides an economic forecast of the U.S. economy based on recent economic indicators in 2017 and 2018.

Based on seasonally adjusted annual rates in the fourth quarter of 2017, the gross domestic product growth rate is expected to increase moderately in the first quarter of 2018. As shown in these indicators and based on recent macroeconomic conditions, GDP growth rate in the first quarter of this year is expected to be approximately 2.8%. Additionally, GDP growth rate will continue to increase moderately in the second half of the year to exceed 3.0%.

In light of the…...

Therefore, any war waged on a terrorist group then becomes a war to protect the personal liberties of those who can not do so themselves.
However, the United States itself has not even been able to stand up to the standards of liberated individual rights. Within the context of the most recent foreign soil wars, American soldiers in a military base have proven that the nation itself is unable to live up to its high standards of personal liberty. In a prisoner of war camp located at a military base in Guantanamo Bay, American soldiers violated international prison code standard during a humiliating act of submission where prisoners were forced to perform unlawful acts and behaviors at the behest of the soldiers on duty, (Sullivan, 2008). The very rights which were being so violently being protected in the eyes of the American public were actually being violated in our backyard.…...

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References

National Security Council. (2008). The national security strategy of the United States of America. www.whitehouse.gov.17 May. 2008.  http://www.whitehouse.gov/nsc/nss.pdf 

Radelet, Steve. (2005). Think again: U.S. foreign aid. www.foriegnpolicy.com.18

May, 2008.  http://www.foreignpolicy.com/story/cms.php?story_id=2773 

Shah, Anup. (2006). Criticisms of current forms of free trade. Free Trade and Globalization. 18 May. 2008.  http://www.globalissues.org/TradeRelated/FreeTrade/Criticisms.asp#ErodingWorkersRights

This marked the fifteenth consecutive month of factory job losses.
In a "normal" recession, recovery begins as cuts in interest rates that induce increased consumption spending. This, in turn, leads to increased production to meet demand and eventually to increased capital spending. However, in the recession of 2001-2002, consumption spending did not fall because it was sustained by the cuts in interest rates carried out by the Federal eserve Board over the previous 2 years. The only real basis for a recovery is an increase in business capital spending and it is here that some of the intractable problems of the United States economy are most clearly seen. Interest rate cuts have little or no impact here because the major problem confronting business is not lack of credit but lack of profitable opportunities.

Pre-tax profits as a share of business product for the non-financial corporate sector rose to 8.7% in the…...

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Reference

Tieman, J. (2001). Recession? What recession? Healthcare industry again shows its natural resistance to economic ills. Mod Healthc, 31(50), 38-40.

future evolution of the American economy is closely related not only to the 1990-2000 period, that covered one of the most prolific economic expansion in history, but also the subsequent turn of events brought about by the first ush administration. I am obviously referring here to the economic recession brought about by the tragic events of September 11 and by the economic cycles following the economic boom of the 90s, to the fiscal policy adopted by the American administration that relied heavily on debt and large fiscal deficits and to the monetary policy involving a reduction to minimum levels (1%) of the interest rate, so as to encourage a rebound of the economic processes.
The beginning of the 90s brought about a new president, ill Clinton, for whom the campaign slogan "it's the economy, stupid" became an actual concept. President Clinton would become the equivalent of the 90s growth and…...

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Bibliography

1. The U.S. economy: a brief history. On the Internet at http://usinfo.state.gov/products/pubs/oecon/chap3.htm

2. Jorgenson, Dale; Ho, Mun S.; Stiroh, Kevin. Projecting Productivity Growth: Lessons from the U.S. Growth Resurgence. November 2002. On the Internet at  http://www.si.umich.edu/~kahin/hawk/htdocs/jorgenson.ppt#1 

3. Productivity Trends in the U.S. And Europe. May 2003

4. Pearce, David. At long last the future really is now.

Mexico's Economic Role in Shaping Global Markets
Mexico's economy is poised to play a significant role in shaping global markets in the coming years due to its strategic geographical location, growing consumer base, and competitive labor costs.
1. Gateway to North America
Mexico's proximity to the United States and Canada grants it a unique advantage as a gateway to the North American market. With the implementation of the United States-Mexico-Canada Agreement (USMCA), Mexico has become an integral part of the North American supply chain, attracting businesses seeking to establish regional hubs and facilitate trade.
2. Large and Growing Consumer Base
Mexico boasts a large and....

The BRICS Currency and Its Implications on International Finance: Exploring Causes, Effects, and Global Financial Dynamics Introduction In the wake of the global financial crisis of 2008, the BRICS (Brazil, Russia, India, China, and South Africa) nations have emerged as a formidable economic force. With their combined economic weight and growing political influence, the BRICS have sought to challenge the dominance of the US dollar in international finance. In 2014, the BRICS established a New Development Bank (NDB) and a Contingent Reserve Arrangement (CRA) to promote economic cooperation and reduce reliance on the US dollar. The creation of a common BRICS....