Why the economy of US is slowing?

[Paradox007]

I was wondering why the economy of US is slowing and it is not effecting EU countries and some Asian countries like China.
Is it b/c labour?

[Frida]

I was wondering why the economy of US is slowing and it is not effecting EU countries and some Asian countries like China.
Is it b/c labour?

when is your paper due? :D

[Paradox007]

:lol: :lol:
I don't have any papers due. In fact I am working.
I was just curious.

Thanks for your comment.



when is your paper due? :D

[lilbit]

Well!
There was a really high economy growth in 2 quarter this year (more than 5%). For such a big economy as US is, it's very dangerous as it forces inflation to go up. That's why FED decided to raise interest rate, which will cause reduction of money supply and then decreasing growth rate. Optimal for US economy is 2 - 3 % a year.

[Paradox007]

DO u think the economy still strong?

[Royal]

because Uzbekistan labaroers cam to US and US workers are jobless...

[doniyork]

because Uzbekistan labaroers cam to US and US workers are jobless...

That was a funny reason that!!!
No comment

[Octavarium]

Any economy has its downtimes and looks like US economy is cooling off. Fed’s saying that is because of sloppy housing market, other experts are saying it’s because of high gas prices (higher than post-Katrina gas prices) – people spend more money on gas, thus spend less money for everything else which results in decreased consumption of goods and services, which in its turn negatively affects overall goods and services productions, hence, GDP (nothing one can do -- free market economy). Well, less production is more unemployment and unemployed people tend to spend less money and it starts all over all: decreased consumption results in slowed economy. Catch 22. Certainly there are tons of other reasons for a slower economy. Nonetheless, the US’s economy is solid enough to afford slowing down.

[corsair]

because the Iraqi war isnt that HOT as Bush planed. if it was hot they could ve use more ammo and contractors could ve produce more ammo and sell to the usa gov. workers could ve get paid and paid tax...

:-D

[Professor]

because Uzbekistan labaroers cam to US and US workers are jobless...

That's why Immigration will proceed plans to double the cost of applying to become a U.S. citizen and triple the fee for seeking legal permanent residency. :D

The fee increases will take effect July 30. Citizenship fees will rise from $330 to $595, plus $80 for required electronic fingerprints, an increase of $10. For legal permanent residency and fingerprints the cost will be $1,010 for those over 14. The cost now is $325.
http://news.yahoo.com/s/ap/20070529/ap_on_go_ca_st_pe/immigration_fees (http://news.yahoo.com/s/ap/20070529/ap_on_go_ca_st_pe/immigration_fees)

[Vezunchik]

Kitay posledni`y 15 let bi`l prichinoy padeniya tsen vo vsyom mire. uje 3-4 goda i budeshem ona budet prichinoy rosta tsen i padeniya ekonomiki pochti vseh razviti`h stran (da i razvivayushihsya).

sheg`she la famm ili vo vsyom vinovat Kitay:):):):)

[lilbit]

the only thing to do in order to increase the growth of US economy is to decrease interest rates. As soon as they do it, US economy will blow out. Overheated economy is not good!!!