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Why Do U Think The Economy Of The US Is Going Down?

What impact has imports and exports had upon our economy?

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    Many factors effect the economy of a country like agricultural & industrial production,export/import, foreign currency reserves,health,education, political environment and stable government etc.

    If the export your country is high then your country is definitely progressing and economy would be high. US economy is going down because of it's heavy budget for Army. US is spending too much reserves on war against terror and the many department and sectors are deprived of its basic rights because of that. There are now many jobless people around as companies do not have enough job or good salary to pay.
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    Zuhail 

    answered 2 years ago

    You can thank our so called President for this. He saw the handwriting on the wall yrs. ago. Now that hes getting out of office ,he acts like he want to do something,, Hes a complete WASTE..
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    Joeydog

    Joeydog

    commented 1 year ago

    Forgot one thing, we have MORE oil in this country than they do overseas.it was on the news. So, why are we kissing their BUTTS and beg for oil.. Again,, thank our STUPID president and congress, but why should they worry, they are eating good and getting free gas, on the TAXPAYERS ..
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    Joeydog

    Joeydog

    commented 1 year ago

      WE are importing much more than we are exporting. The consumer is being raked over the coals to buy products that aren't even made here and probably made cheaper than any other place in the world. We have spent over $500 Billion on a war that is fruitless and an error. We allow the stock brokers to control the prices on commodities like crude oil when the actual prices from OPEC have changed very little in the last 6 or 7 years. The rich have all of the money and they are getting it from the rest of us and being able to keep it because of the tax breaks they get. Wages do not keep up with inflation(they say the inflation rate is very low---hmm..2.50 for fuel oil 8 months ago-3.60 now)....That is like 100% inflation of it's price. We, you and I , the working stiffs of this country haven't gotten any raises to offset these increases so we don't have any extra to spend,,,,,,we don't have enough to even survive,,,,,,,that is why the economy is falling apart.
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      Handyman08 

      answered 2 years ago

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