Current Macroeconomic Situation in the U.S Research Paper

Current Macroeconomic Situation in the U.S - Research Paper ExampleThis newspaper publisher is one of the best examples of the thorough analysis of the macroeconomic situation and the most pressing economic issues in the US. The 2007/08 economic downturn culminated in major socioeconomic problems all over the world. The United States was affected in a similar way like other countries globally. The economic recession of 2007/08 culminated in a bend of macroeconomic problems. The United States was grappling with issues of increased inflation and unemployment. The two stood at approximately 4% and 10% respectively.The increased administration cost has been blamed for the challenge. The ministry of defense lawyers has for instance been said to spend billions of dollars annually putting more pressure on the economy.. The country is still grappling with issues of increased mortgage loans which have denied citizens an probability to own houses. However, the gross domestic product (GDP) has remained fairly stable despite changes in the economy.Two main monetary policies will be used to turn to the issues of unemployment and inflation. The expansionary and contractionary monetary policies are used in the mitigation of unemployment and inflation respectively.Apart from monetary policies, fiscal policies may be used as well. This mostly refers to the giving medications revenue collection and spending which latter affect the economy. For instance, increased inflation would force the political sympathies to apply the contractionary fiscal policies. Under this, the spending of the government would be under check