TITLE

The Explosion of Government Dependence Hinders Growth

PUB. DATE
March 2013
SOURCE
Trends Magazine;Mar2013, Issue 119, p17
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article looks at how upsurge in government dependence has reshaped the U.S. economy and its national priorities. It notes that the government expenditures peaked at about one-fourth of the gross domestic product (GDP) when the private sector contracted. It also mentions the number of Americans who have received government benefits including food stamps, Medicare and social security. The forecasts in light of the issue are presented including on the sustainable growth of the U.S. in 2020.
ACCESSION #
85980113

 

Related Articles

  • Crawling From the Wreckage. Cote, Mike // ColoradoBiz;Dec2011, Vol. 38 Issue 12, p34 

    The article focuses on the predictions of economist Bill Greiner on the economic conditions in the U.S.. He provides updates on the performance of gross domestic products (GDP) in the country, and forecasts that the economy will be in black in 2012 and will likely to suffer another recession,...

  • Medium- and Long-Term: Outlook.  // United States Country Monitor;Nov2011, p20 

    The article focuses on the economic outlook in the U.S. for medium- and long-term. It says that the growth of annual real gross domestic product (GDP) will average 2.7% from 2010-2041. It mentions that the employment rate will rise at the average of 0.9% annual rate from 2010-2041. It states...

  • Global Assumptions.  // Caribbean Tourism Report;Q4 2011, Issue 4, p24 

    The article presents a global economic forecast which is affected by a significant lowering of U.S. economic forecasts as of the fourth quarter of 2011. There has been a 3.2 percent drop in global real gross domestic product (GDP) growth forecasts for 2011. Several charts are also presented that...

  • Report for April 2010.  // Business Credit;Jun2010, Vol. 112 Issue 6, p54 

    The article presents the Credit Managers' Index (CMI) report from the National Association of Credit Management (NACM) on the economic performance in the U.S. The CMI report suggests that there is an economic improvement creating a pattern that alternates emphasis on positive and negative...

  • More Americans Hungry For Food Stamps.  // BEEF Exclusive Insight;8/29/2011, p5 

    The article reports that U.S. food stamp usage has grown by 70 percent due to the slow economic recovery and unemployment decline.

  • Billionaire Forecasts. Bertoni, Steven // Forbes Asia;May2010, Vol. 6 Issue 6, p24 

    The article presents the predictions of several billionaires for the U.S. economy for 2010, including John Paul DeJoria, Mario Moretti Polegato and Robert Rich Jr.

  • Speed bumps; no double dip.  // ABA Banking Journal;Jul2010, Vol. 102 Issue 7, p10 

    The article reports on the forecast of the American Bankers Association (ABA) Economic Advisory Committee (EAC) in the U.S. Economist Stuart Hoffman says that the economic recovery is hindered by several weaknesses from state and local government budget problems, commercial real estate market,...

  • BBVA Watch Weekly Economic and Financial Review.  // Caribbean Business;12/1/2011, Vol. 39 Issue 47, p13 

    The article presents an analysis on the economic and financial conditions in U.S. It notes that nonfarm employment in Puerto Rico has declined 0.3% as orders of manufacturing goods in the entire country has declined 0.7% . It adds that the gross domestic product (GDP) has increased at a revised...

  • Random thoughts on the passing scene. Sowell, Thomas // Enterprise/Salt Lake City;10/24/2011, Vol. 41 Issue 13, p23 

    The article presents the view of the author regarding the economic condition in the U.S. The author states that more people are dependent on food stamps and other government subsidies. The author cites that people who live within their means are being forced to pay for people who do not live...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics