Economic issues in America and the world today. Do an internet search for at lea
ID: 1150932 • Letter: E
Question
Economic issues in America and the world today.
Do an internet search for at least two articles related to this topic and write a 500-word paper discussing the issue, why is it a problem, who is affected by the problem, what is being done about it from a public (governmental) and private (individual or business) perspective. Offer your conclusion to the issue, provide some basis for your position through substantiated arguments found in your research. Be sure to follow APA guidelines for your writing. Include a cover page, use 12 pt. Times New Roman font, 1” margins, and parenthetical references.
list of economic issues:
What are some of the most pressing economic issues facing our country today?
High unemployment
Rising cost of health care
Rising cost of education
Concerns over the failure of Social Security
Collapse of the financial markets
Falling values of home prices
Deflation – falling home prices
Inflation – rising cost of higher education
Low national personal savings rate
Taxes – Income, payroll, sales, gas, telephone, fees
Government budgets – falling revenues with increasing costs
Consumer society
Cost of social programs – Healthcare, social security, welfare, heat assistance, housing assistance
China, India and other roaring tigers South Korea, Indonesia, Singapore and Taiwan
Government debt
Public unions
Rebuilding infrastructure (roads, bridges, schools)
Cost of energy, green energy
Tort reform – Reduce the ability of juries to award multimillion dollar awards
Lawsuits from special interest groups – Groups who file frivolous lawsuits
Renewable energy, clean energy
Currency exchange rates
Interest rates
Credit card debt
Mortgage debt
Student loan debt
Value of the dollar to other currencies
Price of gasoline, heat, electricity
Rising cost of food
Flat to actual reductions in pay
Rising personal contributions to healthcare costs
Lack of incentives for companies to invest
Minimum wage laws
Lack of saving for retirement
Medicare/Medicaid
Rising cost of car insurance/homeowners insurance
Obesity, diabetes, heart disease, cancer
Corporate social responsibility
Carbon tax credits
Government regulations
Private property rights
Please, be sure it's 500 words or more and provide the refrences for the essay.
Explanation / Answer
Most popular economic issues in america...-
1:- Skill gap and retraining workers::
The biggest economic issue for the future is closing the skills gap and retraining workers who have been displaced from their old jobs that have been automated. Both the US unemployment rate and the total job openings have been relatively unchanged in the past year. The unemployment rate in January was 4.8%, down only 0.1% from the same time in 2016. The total job openings were 5.5 million in Dec. 2016, up from a mere 100,000 the same time in 2015. We simply don’t have people with the right skills to fill millions of jobs, yet many of them are still underemployed or living in poverty.
The role of education in our society has become extremely critical to our survival as a nation. We aren’t keeping up with the changing demands of the economy, the immense competition brought on by outsourcing and the speed of which technology has disrupted every industry. A strong education is the path not just out of poverty but also to a prosperous life of freedom and security. The problem is that one in every fiveadults globally has no formal education, which is a total of 682 million people, and jobs that require formal education are the ones expected to grow by nearly 8% in the next seven years.
2:- Global compettism -
The United States has long been the destination for the world’s hardest working, entrepreneurial, and talented immigrants. However, U.S. immigration policy has remained virtually unchanged since the 1960s and is not designed to meet today’s economic needs. Only about 14 percent of all U.S. green cards are given for economic reasons, compared to more than 60 percent in Canada and Australia. On top of that, we lack a dedicated visa for entrepreneurs ready to create American jobs, and we frequently create barriers for international students hoping to remain in the country after graduation—even when they have the training in science, technology, engineering, or math that our employers desperately need.
Global compettism is decrease in america because america set up our market in global market so this is the big challenge for america that no one defeat america in global market .
Some of the most economic challenging issues::-
High unemployment
Increasing in education loans
Decrease in government revenue
Rising cost of food
Increasing in taxes
low national personal saving rates.....etc.
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