Current American Economic Struggles

The sparing difficultys that are plaguing the fall in States economy at the record are numerous to say the least . Since the collapse of the caparison market , the United States has experienced what some shake up start to c all an economic recession . While it remains to be seen if the United States economy is really undergoing a recession at this period of time in time this situation can be used as a great opportunity to point out the current struggles of the American economyThe fundamental flaws and structural weaknesses of the American economy are not only more microscopical now but also more potentially prejudicial . The current weakness that the American currency is experiencing coupled with the exponential function increase in oil prices may retain arguably not placed the country into recession but have brought its economy pretty close to it As such , this shortened discourse will try to examine what brought about this economic collapse by identifying the present economic threats to the United States that is to say , subsidy off Underfunding , Public Debt Overbuilding in Calamity prone areas , solitude and Social Security and EnergyThe first problem , Pension Underfunding is a very with child(p) problem for the American Economy . concord to certain independent studies , the underfunding that large companies have done for the aid plans will result in a very large public deficit in the future especially if the Pension Benefit Guaranty needs to bail out these companies . The problem here is that the present workers and future pensioners are working without eery future security . There is no guarantee that upon retirement they will be able to receive anything . This could spur an bearing of non-spending and result in an economic slowdownAnother effect that this problem could have is on the healthcare system . Without the financial security that the pension provides , the American healthcare system could bear the substance of millions of pensioners all seeking aid .

The healthcare cost in the United States is becoming excessive and people are unable to permit or obtain any type of healthcare . It cannot be denied that there is something wrong with the system today . The rate of the uninsured and underinsured is rising every year . Not having health reporting leads to 18 ,000 deaths a year (Davis 23 . A ecumenical Health Care system is to ensure that all residents heedless of their position in life , maintain coverage in the event of injury or the need to pursue a general practitioner . This type of system would increase taxpayer dollars , burden the government when funding is not available , cut silver from certain programs , and increase the number of patients to each nurse . thereof , by having a weak pension fund the healthcare system of the United States could be affected thus increase the financial burden upon the American governmentThe Second problem is the ever growing public debt . The recent economic slowdown as caused by the collapse of the Housing market has shown that there is no solid economic backing for many financial institutions . In an economy where the public debt has amounted...If you want to get a enough essay, order it on our website: Orderessay

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