It is safe to say that the economy has been booming recently, and it seems like everyone is making money. The only problem with this is that an increase in total spending will cause a rise in GDP. This can be seen as both good news and bad news for those who are looking at the economic benefits of the increasing growth rate. It is safe to say that the economy has been booming recently, and it seems like everyone is making money.
The only problem with this is that an increase in total spending will cause a rise in GDP. This can be seen as both good news and bad news for those who are looking at the economic benefits of the increasing growth rate. Listening to President Obama talk about how well our nation’s economy is doing makes sense; he wants all Americans to feel comfortable with his policies during these tough times economically speaking.
Yet when you look closer into what really contributes to outstanding numbers on graphs created by economists, there might not be much reason for celebration after all-especially if we’re trying to figure out how best spend precious tax dollars wisely now.
