Economy Counterpoise and Trade Protectionism of US America
Now the American finance market has gone back to stability, the economy is arising but there are still some uncertainties, so we cannot omit the possibility of second bottom. Nurse Day Gift Ideas for '70s At present, the unemployment rate in the United States is rising to 10. glasses for you , the Same Choice of Beauty 2% in October. Would You Wear eyeglasses ? The unemployment rate can be considered as a lagging indicator. Despite that the economic situation will get better, the employment rate will continue to deteriorate.
For the moment, American high rate of unemplyment is the most severe since several decades. From now to quite a few periods in next year, the unemployment will still remain to be the primary problem for American government. Maybe people will ask that how long the high unemployment will keep. Since the economy has recovered, the unemployment situation should be improved. And whether the burden of the trade protectionism in the next year will be reduced or not.
However, that is probably not going to happen in the expected way. First, if the unemployment is thrived by the recession, the situation will still remain what it is for a long time. For example, from July 1990 to March 1991, America experienced a six-month recession, and the unemployment rate rose for 27 months since May. During this recession, from June 2007 to October 2009, the unemployment rate had been rising for 29 months. Though, in the third season in 2009, the American economy has begun to recover, the unemployment won`t be in a better situation in recent days because this recession is much worse than any time before. Some U.S. agencies predict that in the next four quarters, the U.S. unemployment will remain above 10%.
Secondly, the present American economy`s rebound basically results from the expensive fiscal policy, and the non-governmental investments and consumption demand are still sluggish. Once the U.S. government reduces fiscal stimulus intensity, America`s economy will fall after rise, thus, it can not rule out the possibility of second bottom. If this happens, the negative effect on American employment would be self-evident.
At last, the American economy risen and current account deficit always change in the same direction. If America`s unemployment rate falls with the increase of its economy, then America`s current account deficit might be worse with the increase of import. And the deterioration of the current account deficits will also lead to the Trade Protectionism, though at that time, the supporters of the protectionism will come from different groups.
Before the 2007 financial crisis, the global imbalance received much concern.In a considerate period of time after the 2007 crisis, the poblem of global imbalance has once disappeared from people's horizons. As the American economy picked up,the problem of global imbalance is proposed again,which even becomes the dominant theme of various official and unofficial conferences. The problem of global imbalances can also be said to be the problem of American continuing current account deficit. And this imbalance will continue for another 10 or 20 years.
For the moment, American high rate of unemplyment is the most severe since several decades. From now to quite a few periods in next year, the unemployment will still remain to be the primary problem for American government. Maybe people will ask that how long the high unemployment will keep. Since the economy has recovered, the unemployment situation should be improved. And whether the burden of the trade protectionism in the next year will be reduced or not.
However, that is probably not going to happen in the expected way. First, if the unemployment is thrived by the recession, the situation will still remain what it is for a long time. For example, from July 1990 to March 1991, America experienced a six-month recession, and the unemployment rate rose for 27 months since May. During this recession, from June 2007 to October 2009, the unemployment rate had been rising for 29 months. Though, in the third season in 2009, the American economy has begun to recover, the unemployment won`t be in a better situation in recent days because this recession is much worse than any time before. Some U.S. agencies predict that in the next four quarters, the U.S. unemployment will remain above 10%.
Secondly, the present American economy`s rebound basically results from the expensive fiscal policy, and the non-governmental investments and consumption demand are still sluggish. Once the U.S. government reduces fiscal stimulus intensity, America`s economy will fall after rise, thus, it can not rule out the possibility of second bottom. If this happens, the negative effect on American employment would be self-evident.
At last, the American economy risen and current account deficit always change in the same direction. If America`s unemployment rate falls with the increase of its economy, then America`s current account deficit might be worse with the increase of import. And the deterioration of the current account deficits will also lead to the Trade Protectionism, though at that time, the supporters of the protectionism will come from different groups.
Before the 2007 financial crisis, the global imbalance received much concern.In a considerate period of time after the 2007 crisis, the poblem of global imbalance has once disappeared from people's horizons. As the American economy picked up,the problem of global imbalance is proposed again,which even becomes the dominant theme of various official and unofficial conferences. The problem of global imbalances can also be said to be the problem of American continuing current account deficit. And this imbalance will continue for another 10 or 20 years.
wuxigoogle - 18. Okt, 03:49
