By now you should realize how important it is for economists to try and predict future conditions of the U.S. economy. Economists are also interested in the performance of the economy at a more local level. Discuss how local and national forecasts play important roles in the State and Federal levels.
There have been significant discussions on the government’s fiscal policy during the Great Recession. In particular, many did not like the government’s actions in salvaging the auto industry in providing guaranteed loans to GM and Chrysler. What is your opinion? Provide economic reasons for your opinion.
U.S. economy, like any other economy is globalized. In that context, will the policy of “America first” help U.S. economy grow at a steady rate? Provide references to your discussion.
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