Five Modern Problems of the US Economy

The American people are now faced with the following problems:


Inflation. This is one of the most modern economic problems because it also affects the quality of life of people. High inflation means that less money can buy. At the same time, inflation is a sign that the economy is growing, while deflation (where prices are down) is negative, indicating that the economy is weakening.


Economic inequality. Studies have shown that income inequality in the U.S. is worse now than it was back in 1774, even before the Revolutionary War. In 1774, the richest 1% of Americans have 7% of the country's revenue for 2010, you need twenty percent. But economists continue to share, which is the best way to bridge the gap of inequality and its impact on the middle class.


The immigration debate. The general consensus is that immigration is good for America because immigrants are more likely to start businesses, and more highly educated. However, there are those who believe that immigrants compete directly with the tight labor market, jobs native workers. And then there's the question of illegal immigration, which many economists believe will reduce wages because of competition for scarce U.S. low-wage jobs.


The minimum wage. It has been three years in the federal minimum wage was raised, but in the meantime the prices of basic goods and services has increased significantly. A person may only search the minimum wage not only do not have enough income to maintain a decent standard of living, in fact, under the federal poverty line. It's time to raise the minimum wage? But how will this policy affect the employment rate? Was actually drive more people in poverty?


The health care system. Although the United States is the richest country in the world, access to health care continues to be extremely unreliable, despite recent attempts to reform the system. A recent report revealed that the percentage of those who could not get health care because of high costs increased by 13.7% in 2010 from 8.8% a decade earlier, while nearly 2,010 adult Americans did not know that a physician is last year. Moreover, more than 20% of the adult medical need was to have gone unmet in 2010. How can the health care system should be reformed to ensure greater access to health care? Reading books free download will help to know more about the issues so intelligently participate in the debate