Economy Evaluation

Abstract

In this study we explore the current economy events and its impact on overall economy. The main focus on this topic is to evaluate how current administration policies have impact on tax payer, unemployment, students and financial planner. This study finds that the current economy of has perform well after major collapse but there are some areas need further improvement to make stability and continuous growth.

Table of Contents

ABSTRACT……………………………………………………………………………………II

INTRODCUTION……………………………………………………………………………. 3

DISCUSSION…………………………………………………………………………………. 3

Current Administration………………………………………………………………………. 3

Effect of the Current Economy………………………………………………………………. 3

Financial Planning…………………………………………………………………………….. 4

Changes to Improve Economy…………………………………………………………………5

CONCLUSION………………………………………………………………………………… 6

REFERENCE………………………………………………………………………………....7Economy Evaluation

Introduction

Since the global economy has been run throughout the world since create the major financial crises from the period of year 2007 to year 2008 that would be considered world worst crisis since the period of the acclaimed depression. In year 2008 it was job loss freefall because of two wars happened against Afghanistan and Iraq. The tax rates were also rapidly high at that time, and it was bursting for house bubble. High unemployment and slow growth of the economy (Barrett, 1987) have still salient features for Unites States economy till year 2011 shown that growth move with a unhurried pace.

Discussion

Current Administration

This is to believed that Obama administration did their best to get recover and could help to stopping in their first two years, he does not measures to be good but the no one can perfect. The administration of Obama did their well two turned around the country and helped to get recover from depression time. The economy of United States has created more than 0.10 million jobs in the past couple of months, but this is not quite enough because more than 0.20 million jobs further required to decrease the rate of unemployment that remained in May 2012 is around 8.2 percent.

Effect of the Current Economy

The administration of Obama current rules that relate to foreign tax making dual capacity for tax payer benefits to those taxpayers that benefit considered unwarranted (Pocock, 2011). Such benefits asserted that current united sates amount of income taxes amount paid dual capacity taxpayer exchanging it access for specific monetary benefits.

Administration of Obama has also promulgate for fuel economy and working on carbon pollution models cars that limit for year 2017 to year 2025. The actual reason for setting such standards the will help from reducing the usage of oil, help for saving money of families that encourage them to purchase gasoline on fewer rate as well as such step ...