Economy

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  1. WE'VE GOT THE FACTS AND WE'RE VOTING YES (OR NO).

    LOUD3R Score: 1168 - 5 Hours Ago

    Broadly speaking, I share Matt's model of the electorate: the majority of voters are Voting as blind partisans. Of the rest, most are being driven by the macro factors (shitty Economy, sick of Bush... Full Article At The American Prospect - Ezra Klein

  2. Hale "Bonddad" Stewart: It's Not "Liberal Media Bias"; It's the Economy, Stupid

    LOUD3R Score: 991 - 5 Hours Ago

    To those of us who started writing about economics on the web, Barry Rithotlz is like a blog Godfather. His blog href ="http://bigpicture.typepad.com/">the Big Picture was one of the first economics blogs I found and is one I still read regularly. He inspired many of us to start writing ourselves.... Full Article At HuffingtonPost

  3. Bush lowers expectations for G-8 summit

    LOUD3R Score: 985 - 1 Hour Ago

    Topics:

    President Bush heads to Japan on Saturday for his final G-8 summit of world leaders as the global Economy slumps, Energy prices soar and food shortages loom in the developing world.... Full Article At CNN - Politics

  4. Auto Lobby to Consumers: High Gas Prices? Pay Up!

    LOUD3R Score: 728 - 5 Hours Ago

    This week, the Alliance of Automobile Manufacturers asked the National Highway Traffic Safety Administration (NHTSA) to water down the fuel Economy improvements Congress mandated in December’s ... Full Article At The Hill

  5. Bush Economy Sheds 62K Jobs in June; Sixth Straight Monthly Decline

    LOUD3R Score: 704 - 4 Hours Ago

    Topics:

    Private sector job gains in the Bush years may fall below 3 million by November.... Full Article At AlterNet



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Economy

Wikipedia

The economy of the United States is the world's largest national economy. Its gross domestic product (GDP) was estimated as $13.8 trillion in 2007.

It is a mixed economy and private firms that make the majority of the microeconomic decisions, while being regulated by the government. The U.S. economy maintains a high level of output per person (GDP per capita, $46,000 in 2007, ranked within the top ten highest by most sources). The U.S. economy has maintained a stable overall GDP growth rate, a low unemployment rate, and high levels of research and capital investment. Major economic concerns in the U.S. include national debt, external debt, entitlement liabilities for retiring baby boomers who have already begun entering the Social Security system, corporate debt, mortgage debt, a low savings rate, and a large current account deficit. In 2008, seventy-two percent of the economic activity in the U.S. came from consumers. Can the World Stop the Slide, TIME,...More Economy @ wikipedia

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