Running head : CURRENT ECONOMIC POLICYCurrent economical Policy[Author][University]Current stinting PolicyCurrent Economic PerformanceFrom 2006 up to the present , the miserliness of the United conjure has been performing great in general . Gross internal Product increased by significant rate rich to encourage the foreign investors to invest in the country . what is much , more jobs have been created for the labor marker creating huge amelioration on the welfare of the workers , thus increasing their income . Around more than 850 ,000 jobs has been created in the providence from 2006 up to the present . Energy prices , on the other hand , seem to become worse by and by anele prices in the international food grocery has been increasing acutely for the past years . Because of the said increase in the prices of crude in the market , it negatively affects the non-energy goods and services since oil is mavin of the major components of production processes in most of the industries in the economy Inflation also increased as a present moment of the increasing prices of the commodities in the market out-of-pocket to the rising oil prices . Inflation rate , since 2006 , stood high enough to impose solicitude to the consumers and there is a possibility that the latter might honest lower down their spending making . Moreover , the trapping industry also made the usefulness of the GDP sluggishly and this is the side effect of the massive housing spending of the market in 2005 not to mention that the disposable income of the consumers today is not that high enough as compared to 2005Although there are accepted hindrances on the improvement of GDP or economic improvement of the country , still , the economy manages to commencement those costs by the benefits derived from the good market condition of the international market which in turn advance the trade balance of our country .
In addition to that , increasing job opportunities makes the depletion in the consumption of the consumers to silent down since income of the workers improves as more job were created in the economy . Furthermore , labor productivity helps the private firms to reinvigorate their lucrativeness and sales volume making the regimen able to bear down on higher imposees to be used for financing organisation projects for the economyProposed Economic Stabilization PolicyOne of the possible way by which the US government could further stabilize the growth of the US economy would be through lower down the tax rate that the government has been charging especially for the multinational corporations . Through cutting down the tax rate of the companies in the market , especially those multinational corporations since it could offset the rising salaries of the laborers due to the high demand for laborers in the market . It was identified that because of the high demand for laborers in the market due to the fast-faced growth of the economy for the past years , the bargaining exponent of the laborers for higher salaries increased imposing threats for a higher available costs for the private firms . The improvement of the income of every...If you want to get a full essay, order it on our website: Ordercustompaper.com
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