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US Economy: Most Popular Articles

These articles are the most popular over the last month.
Which President Added Most to the U.S. Debt?
How much each President actually contributed to the $18 trillion U.S. debt all the way back to Woodrow Wilson. Who added the most percentage-wise.
The 4 Critical Stages of the Business Cycle
The business cycle is the four stages of expansion and contraction in an economy. What GDP to expect, causes, how it's controlled.
Where Is the Dollar's Value Headed Next?
The value of the U.S. dollar is measured in 3 ways: exchange rates, Treasury yields and foreign currency reserves. Here's what they're telling you.
What's the Difference Between Real and Nominal...
Real GDP is the economic output of a country with inflation taken out. Nominal GDP leaves it in. Here's the real GDP formula, and how it's used.
The 1929 Stock Market Crash: How It Changed...
The Stock Market Crash of 1929 kicked off the Great Depression. Here's the facts behind this devastating crash, what caused it and its effects.
3 Characteristics of a Traditional Economy
A traditional economy relies on hunting, fishing and agriculture. It's guided by traditions. Until the Depression, most of America was traditional.
How to Calculate the Year-Over-Year Growth Rate
Definition of the year-over-year growth rate, how to calculate it, and why using it gives a better sense of a trend than comparing month to month.
Is Obamacare Worth It?
Obamacare has many pros and cons. The ACA provides affordable insurance for some, and taxes others. Here's how it affects you.
How Central Banks Create Money Out of Thin Air
Monetary policy is how central banks manage liquidity to sustain a healthy economy. Here's its 2 objectives, the 2 policy types, and the tools used.
What Is the History and Purpose of NAFTA?
NAFTA's purpose is to increase trade in North America. Its history began in 1981, when Ronald Reagan campaigned for this free trade zone..
What Happened During The Great Depression of...
The Great Depression of 1929 was a 10-year global economic crisis where world trade fell 65%. Here's causes, impact and chances of recurrence.
Will the U.S. Dollar Collapse or Is That Just...
Will the U.S. dollar collapse, and if so, when? Here's the causes, what happens if it did, and how to protect your finances.
6 Factors That Make a Market Economy
A market economy is where production of goods and services are regulated by the laws of supply and demand. Here's pros, cons and examples.
The Government Ends the Auto Industry Bailout....
The auto industry bailout of GM, Ford and Chrysler cost $80 billion, but most has been recovered. Here's what happened and whether it was worth it.
Exactly How Much U.S. Debt Does China Own? And...
The U.S. debt to China is $1.224 trillion. Here's why America owes so much to China, and what happens if China calls in its loans.
The best ways to solve high unemployment...
A summary of the most popular unemployment solutions, which ones work, and which are the most cost effective solutions.
Why 3 Out of 4 Presidents Agree That Expansiona...
Fiscal policy is how the government uses taxing and spending to expand or contract economic growth. How it differs from monetary policy.
The Key to Understanding What a Country Is Good...
GDP is the measurement of a country's total output. Here's how Gross Domestic Product is calculated, real vs nominal, and GDP vs GNP.
The Real Owner of the U.S. National Debt Will...
The $18 trillion U.S. national debt is owned by Social Security, the Fed, and foreign investors. Here's the major owners as of February 2015.
3 Major Causes of Inflation
What causes inflation? The 3 real reasons are demand-pull, cost-push and monetary expansion. Here's what creates those conditions.
Why Today's Low Interest Rates Create More...
Expansionary monetary policy is when a central bank increases the money supply to stimulate the economy. Here's its effects, with examples.
What Is Trade Protectionism?
Trade protectionism is how countries raise tariffs and reduce imports to protect their domestic industries. Here's pros, cons and examples.
Do You Qualify for Federal Assistance?
The 2015 Federal poverty level is the guideline that determines who can receive assistance. It's used for Medicaid, food stamps, and Obamacare.
A Secret Trade Deal So Outrageous That Congress...
The Trans-Pacific Partnership (TPP) removes export barriers between the U.S. and 11 countries bordering the Pacific. Here's pros,cons and next steps.
See How the U.S. Debt Tripled Since 9/11
Here's national U.S. debt by year, compared to the size of the economy and whether there was a recession, war or other catastrophe.
6 Negative Effects of NAFTA
NAFTA cost many workers their jobs in the U.S., and led to exploitation of workers in Mexico. Find out the 6 problems of NAFTA.
The 4 Types of Inflation
There are 4 types of inflation: creeping, walking, galloping and hyper. How cost-push and demand-pull cause them. Plus asset, core and wage inflation.
How the 9/11 Attacks Still Damage the Economy...
The 9/11 attacks deepened the 2001 recession, led to the War on Terror, and helped create the largest debt in U.S. history.
What Does the U.S. Import and Export?
The U.S. imported $2.744 trillion and exported $2.272 trillion in 2013. The biggest components of both are oil and consumer goods.
How China and Other Command Economies Work So...
A command economy subjugates individual self-interest to a greater societal or economic goals. It's great at mobilizing economic growth quickly.
5 Benefits of NAFTA You May Not Even Realize
The advantages of NAFTA for Mexico, Canada and the U.S. include an increase in trade which has contributed to economic growth.
5 Determinants of Demand with Examples and...
The 5 determinants of demand are price, income, prices of related goods, tastes, and expectations. A 6th, for aggregate demand, is number of buyers.
The 4 Major Things the U.S. Is Good at Producing
What are the four major components of GDP? Find out what makes up those components, and why personal consumption drives nearly 70% of the economy.
Why the Dollar Is Worth So Much Less Than It...
The value of a dollar today is much lower than it was 100 years ago. In 1913, $1 could buy what $23.63 does today. Here's why.
What Is a Mixed Economy?
A mixed economy combines the advantages and disadvantages of market, command and traditional economies. Here's examples and U.S. status.
3 Reasons Why America Is in Debt
The US debt is more than $18 trillion, the largest in the world. Here's the 3 reasons it grew so large, and how it damages U.S. economic growth.
How Reaganomics Cut Taxes, Increased Defense,...
Reaganomics promised to slash government spending and taxes to stimulate the economy out of stagflation and the 1980 recession. It worked, but at a cost.
What You Should Know About the Dust Bowl and...
What was the Dust Bowl of the Great Depression, why did the Dust Bowl happen, and could the Dust Bowl happen again?
Dow Sets New Record: What It Means
The Dow historical closing high is 18,298.88 set on May 18, 2015. Here's the DJIA highs and lows during every business cycle since the Depression.
Why Do Companies Have Different Fiscal Years?
Fiscal Year (FY) is a business or government's financial year. It's usually not the calendar year. Examples from Federal government.
The 14 Biggest Myths About Obamacare That...
The truth about Obamacare behind the 14 biggest myths that people actually believe. Test your knowledge to make sure you aren't being misled.
How Much Did Obama Really Add to the Nation's...
The U.S. debt increased $7 trillion during the Obama Administration. But how much did Obamacare, the Stimulus and other programs really add?
Why Do We Need NATO Now More Than Ever?
NATO is an alliance of 28 members that agree to defend its North Atlantic members. It's being called into action thanks to the crisis in Ukraine.
Why Was Katrina the Most Destructive Natural...
Hurricane Katrina was the most destructive natural disaster in U.S. history. It struck the heavily-populated City of New Orleans and Gulf oil fields.
The Strange Ups and Downs of the U.S. Economy...
U.S GDP by year measures the output of the U.S. economy during the years since the Great Depression. Compare to growth rate and GDP per capita,
Your desire to pursue whatever makes you happy...
The American Dream was first outlined in the Declaration of Independence, which legally protects each person's desire to pursue happiness.
Why Do Interest Rates Ever Need to Rise?
Contractionary monetary policy is when central banks raise interest rates, reducing the money supply, to avoid inflation. How it works and examples.
What You Should Know in Case of US Economic...
A U.S. economic collapse could occur within weeks, as it almost did on September 17, 2008. Several things could cause it, but there are steps you can take to protect yourself.
Which Presidents Rang Up the Highest Deficits?
The budget deficits for each President all the way back to President Woodrow Wilson. Presidents Bush and Obama had the highest deficits.
Advantages and Disadvantages of Foreign Direct...
Foreign direct investment, or FDI, is when businesses from one country invest in businesses in another one. How it works, pros, and cons.
Why being unemployed and jobless are two...
Not every jobless person is counted as unemployed. Here's the definition, how statistics are used, causes and consequence of unemployment.
How Would You Spend \$787 Billion?
What was in President Barack Obama's economic stimulus package, and how well did it succeed?
The 9 Types of Unemployment: Which Is the Worst?
The 3 main types of unemployment are structural, frictional and cyclical. To get 5 types, add seasonal and classical. But there's really 9 types in all.
Stagflation Ruined the 1970s. Can It Happen Now?
Stagflation is when economic growth stagnates while inflation rises. It only happens under unusual circumstances, like wage-price controls.
How Black Tuesday Signaled the Start of the...
Black Tuesday (October 29, 1929) was the worst day of the 1929 stock market crash. Here's the facts, what caused it, and why no one could stop it.
Everything You Need to Know About Inelastic...
Inelastic demand is when the quantity bought doesn't change as much as the price does. Here's how to calculate it, examples and the other 2 types.
What Is the Current U.S. Federal Budget Deficit?
The U.S. Federal budget deficit will be $474 billion in FY 2015. That's a third of the all-time record deficit of $1.4 trillion, set in FY 2009.
What Is Inflation? Causes, Types and How It's...
Inflation is defined as when prices rise over an extended period of time. Here's what causes it, the different types, and how it's measured.
Unemployment Rate Fell to 5.4%, Pre-recession...
The unemployment rate for April 2015 fell to 5.4%. Here's the monthly unemployment rate statistics since April 2007.
It's the Most Interesting Interest Rate in the...
The Fed funds rate is the interest rate banks charge each other to borrow funds overnight to maintain the reserve requirement.
The Real Reason We're Sending American Jobs to...
The US trade deficit with China is the largest in the world, and a sign of global economic imbalance. Here's its causes, effects and remedies.
Here's Why Gold Will Drop Below \$1,000 Again
Gold prices fell to $1,154 an ounce at the end of 2014. Here's gold price history in the Roman Empire, Great Britain and the United States.
The Surprising Similarities Between Presidents...
Find out the similarities and differences between the economic policies of President Obama and President Bush.
What You Really Need to Know About Obamacare
Obamacare is the Affordable Care Act. It requires you to have health insurance or pay a tax. Here's how it changes your life.
China Is Now the World's Largest Economy
The world's largest economy is China, which replaced the United States in 2014. The EU is third, after being #1 in 2007. Here's why.
4 Reasons Why Monopolies Are Bad, and 1 Time...
A monopoly is the sole provider of a good or service. Here's 4 ways they prevent free trade, 1 reason they're needed, and their history in the U.S.
How to Calculate the GDP Growth Rate
The GDP growth rate tells you how fast a county's economy is growing. It compares real GDP from one quarter to the next.
How Are Interest Rates Determined?
Interest rates are determined by the Fed funds rate and demand for U.S. Treasury notes. Here's how it works.
Guess How Much America Spends on Defense
The US military budget is $534.3 billion, but total defense spending is $786.6 billion. Why? All the components are hidden in other budgets.
What the Unemployment Rate Measures and How It...
The national unemployment rate is the number of people looking for a job divided by the number in the labor force. How it's used.
Why Deflation Is a Bigger Threat to You Than...
Deflation is when prices fall. Here are causes, how it's measured, how it's stopped, and why it's worse than inflation. Japan as an example.
Use These 3 Harvard Business School Strategies...
Competitive advantage is what makes you better than anyone else. Here's the 3 strategies that work: cost leadership, differentiation and focus.
Why the EU Is So Complicated to Run
The European Union (EU) is a single monetary entity comprised of 28 fiscally independent countries. How it works, stats, and history.
Why the Government Can Run a Budget Deficit and...
A budget deficit occurs whenever a government spends more than it makes, which is nearly every year. Find out why and how it leads to debt.
What Is Demand-Pull Inflation?
Demand-pull inflation is the most common cause of inflation. It's when the demand for a good or service becomes much greater than supply, allowing producers to raise prices. Find out the circumstances that create demand-pull inflation as illustrated by examples.
How Did President Reagan Try to Combat the...
A summary of President Ronald Reagan's economic policies, Reaganomics, supply-side economics and the recession of 1981.
How the Fed Created Massive Amounts of Money
Quantitative Easing is when a central bank adds credit to its member banks' reserves in exchange for their securities. How it's worked.
More Americans Immigrate to Mexico Than Vice...
Mexico's economy is becoming more attractive to investors, as President Pena Nieto opens up its energy industries.
Why Are Gas Prices So High?
High gas prices are caused by futures investments, not supply and demand. Find out why prices are high, and why they rose from 2008 to the present.
Why structural unemployment is rising
Structural unemployment is defined as unemployment caused by a mismatch between jobs and skills, or other long-term changes in the economy.
Why Are Oil Prices Rising and How High Will...
Oil price forecasts from the EIA and the OECD for 2015 through 2020. Why they plummeted in 2014, and why they're rebounding in 2015.
What Is the Ideal GDP Growth Rate?
The ideal GDP growth rate is one that enable the economy to grow at a healthy rate. If growth is too fast, the economy risks inflation. If growth is too slow, the economy risks recession or even depression.
5 Factors That Predict How Much Obamacare Will...
Your Obamacare costs depends on 5 factors: income, family size, age, location and type of plan. Here's what you need to know before buying insurance.
Does Boosting Supply Create Economic Growth?
Supply-side economics is a theory that recommends lower taxes and deregulation to increase supply of capital, jobs, labor and goods/services.
The true cause of income inequality in America
U.S. income inequality has worsened significantly in the past 30 years. What is the cause, what can be done about it, and how does it affect you?
What Are the Causes and Effects of a Trade...
The trade deficit is when a country imports more than it exports. Here's causes, effects, U.S. definition, and its role in the balance of payments.
What Is a Current Account Deficit?
A current account deficit is when a country imports more goods, services and capital than it exports. Here's its causes and effects.
11 Biggest Causes of a Recession
Economic recession is caused by many factors that then lead to a loss of confidence. Here's examples from the 2008, 2001 and prior recessions.
Guess Where the Asset Bubble Is Now
An asset bubble is inflation in specific assets, such as currencies, gold or stocks. Here's causes, how to protect yourself, and recent bubbles.
7 Things You Should Know About Outsourcing
Jobs outsourcing is how U.S. companies hire lower-paid workers in emerging markets instead of Americans.Here's the different types of outsourcing, and their impact.
What You Need to Know About the World's Largest...
China's economy is the world's largest, thanks to being the #1 exporter. Here's causes, concerns and effects.
What Does Hillary Stand For?
Hillary Clinton's 2016 economic platform and how it would affect the U.S. economy. Summaries of prior economic policies. Brief bio.
3 Things You Should Know About Exchange Rates
Exchange rates determine how much the dollar, or any other foreign currency, is worth compared to another country's currency.
Read Up on the History of US Recessions
The history of U.S. recessions since the Great Depression. Their causes, length, GDP (original and revised), and unemployment.
The 5 Causes of Cost-push Inflation
Cost-push inflation causes rising prices by driving up the costs of supply. It doesn't occur very often, but when it does, it's devastating.
Fed Lowers Outlook for 2015
The U.S. economic outlook is expansion for 2015 and beyond. Here's the latest forecasts for GDP growth, job creation and oil production.
Is There Really Any Difference Between Treasury...
Treasury bills, bonds and notes have different maturities. Notes are issued at 2,3,5 and 10 years. Treasury notes fund the U.S. debt.
What Is LIBOR and How Does It Affect You?
The LIBOR rate is what banks charge each other for short-term loans. It's determined by ICE from a survey of banks. It hovers near the Fed funds rate.
How Diversity at Work Makes You More Money
The definition of cultural diversity, and why it matters in the workplace. How diversity, if managed correctly, can increase profits.
Is the Government Lying About Unemployment?
The real unemployment rate includes discouraged and part-time workers. It's 10.8%, double the widely-reported rate. Is the government lying?
Here's Why the Euro Plummeted to a 12-Year Low
The euro to dollar conversion is how many dollars a euro will buy. Here's why it fell to an 12-year low, and how that compares to prior years.
What Are Interest Rates and How Do They Work?
A definition of interest rates, including the APR. How interest rates work to stimulate or slow economic growth.
Why Banking is a Key Driver of the U.S. Economy
What is banking? The definition of banking, its critical role in the US economy, and how that has changed.
What Is Being Done to Control Inflation?
What is the Federal Reserve doing to control inflation? Find out the tools the Fed uses to manage inflation and even the expectation of inflation.
What Has 7 Governors And 12 Presidents And...
The Federal Reserve System is America's central bank. It prevents inflation and reduces unemployment using monetary policy. Here's how it works.
What Real GDP per Capita Tells You About Your...
Real GDP per capita is the economic output of a country by person taking out the effect of inflation.
Understand the Greek Debt Crisis in 5 Minutes
The debt crisis in Greece threatens the eurozone. Here's the causes, and what happens if Greece leaves the eurozone or defaults.
What Is Cyclical Unemployment?
Cyclical unemployment is when demand falls, and businesses lay off workers. Here's causes, effects, examples and solutions.
8 Ways the Dodd-Frank Wall Street Reform Act...
The Dodd-Frank Wall Street Reform Act regulates the practices of Wall Street to prevent another financial crisis. Here's a summary of the Act.
Obamacare: Simple Enough to Explain to Your Kids
Obamacare explained in a way that's simple enough for even your kids. The basic facts that you need to know now.
How bad it can get when exports don't equal...
The balance of trade is the difference between a country's exports and its imports. Balance of trade vs payments. Dangers of trade surplus. Components.
What Is the World Bank and Why Does It Even...
The World Bank's purpose is to provide financial and technical support to developing countries.
Make Financial Markets Work for You
An introduction to the financial markets, including stocks, bonds, commodities, forex, derivatives and their exchanges.
A Dollar Decline Is Inevitable, While a...
A dollar decline is very different from a collapse. Here's why, the causes, effects and how to protect yourself from both.
How Do Treasury Notes Affect Your Mortgage Rates?
Mortgages rates have been rising since falling to a 200-year low in 2012 . Here's how falling demand for U.S. Treasury notes makes sure that continues.
How the 10-Year Treasury Note Guides All Other...
The U.S. Treasury 10-year note yield is the return on investment. It's so important because it guides other interest rates, like a 15-year mortgage.
What Is GDP Per Capita?
GDP per capita is the economic output (Gross Domestic Product) of a country by person. How it's measured. 10 richest and poorest countries.
How Does Inflation Impact My Life?
The consequences of inflation and the effects of inflation on buying power.
What 3 Things Really Drive Oil Prices?
Oil prices are determined by commodities market trading. The 3 factors that affect them are supply, demand and reserves.
How Multilateral Trade Agreements Boost Global...
Multilateral trade agreements are between three or more countries at once. Here's more on the WTO, GATT, Doha, and major U.S. agreements.
The Warning Signs of a Recession
An economic recession is when growth slows, usually due to a fall-off in consumer demand. As sales drop off, businesses stop expanding.
How Black Friday Got Its Name
Why is Black Friday called Black Friday? It started out as a negative, but was later turned to a positive. Here's where the term came from.
The Law of Demand Explained Using Examples in...
The law of demand states that the quantity bought depends on the price, ceteris paribus. Explanation using demand schedule, curve and determinants.
Unlike the rest of us, the U.S. government...
The U.S. deficit adds to the debt each year, while interest on the debt increases the deficit. This spiraling cost will hurt economic growth.
Could You Survive Hyperinflation?
Hyperinflation is double-digit inflation. It's usually caused by printing too much money. Here's the difference between hyperinflation and inflation.
Fast Facts About NAFTA
Facts about the NAFTA agreement, including its pros and cons, and its purpose.
What Is the Public Debt?
The public debt is how much a government owes to creditors outside of itself. Here's pros and cons, how it's measured, and when it's too high.
How Crude Oil Prices Affect the You and the...
How crude oil prices are measured, and how prices impact you and the economy. Recent oil price trends and history.
12 Million Americans Earn \$77,060/Year in...
Manufacturing jobs create new products from raw materials. They pay well, but are disappearing thanks to robotics.
Here's How Liquidity Controls Your Finances
Liquidity is the amount of capital available, and how easily it is to use. Here's how central banks and businesses manage liquidity.
Is the U.S. Headed Towards the Second Great...
Recent news developments lead many to believe another depression is inevitable if it hasn't started already. Here's the arguments pro and con. Page 2.
How the US Trade Deficit Hurts the Economy
The U.S. trade deficit in 2013 was $539.514 billion. Here's a summary of what's traded, what causes the deficit, and America's largest trade partner.
Frictional Unemployment: Definition and Examples
Frictional unemployment is when workers voluntarily become unemployed while searching for a better job or moving for unrelated reasons.
What Has Obama Done?
What has Obama done? Here's his top 5 accomplishments, and how they've affected the U.S. economy. Compare his record to that of other Presidents.
What Makes the NASDAQ Different From the Dow...
NASDAQ definition, what it stands for, and the difference between NASDAQ, NYSE, Dow and S&P 500. NASDAQ bubbles and crashes
The Real Reason Gold Prices Have Been Cut Since...
When gold prices are high, the economy is in crisis or inflation. When they're low, the economy is healthy. Here's the history, and how to invest..
BP Disaster Worst American Oil Spill on Record
On April 20, 2010, an explosion at the BP drill site created the largest oil spill in the U.S. Compare the economic impact to other environmental disasters.
How Taxes to Protect America's Jobs Make This...
Tariffs are taxes or duties levied on imports, usually to protect domestic industries and jobs. Instead, they often do the opposite. Here's examples.
Which Countries Are Oligarchies and Why?
Oligarchy countries include Russia, China, and Saudi Arabia. Here's the top 6, why they're oligarchies, who's involved, and how they got that way.
How Capital Goods Drive Business Success
Capital goods are the machinery, equipment and buildings used by businesses to create supply. Find examples and how it differs from consumer goods.
How the Consumer Price Index Measures the Price...
The Consumer Price Index (CPI Index) measures inflation each month. Here's how it's calculated and the importance of the Core CPI.
What Makes Derivatives So Dangerous?
Financial derivatives are contracts to buy or sell underlying assets. They include options, swaps and futures contracts. Why they're so dangerous.
Does Trickle-Down Economics Actually Trickle...
Trickle-down economics is a theory that says reducing taxes on businesses will trickle down to benefit all. Did it work, and would it today?
What Are Central Banks?
A central bank is an semi-independent government authority that conducts monetary policy, regulates banks, and provide financial services.
Will the Fed Raise Interest Rates in July?
The FOMC meets 8 times a year. At its April 28-29 meeting, it did not rule out a July rate increase. Here's what it means.
Elastic Demand: When the Amount Bought Really...
Elastic demand is when consumers are really sensitive to price changes for a good or service. Here's how to calculate it, examples, and other types.
What Are Hedge Funds?
Hedge funds are private investment funds that promise great rewards, but also present great risks to both investors and the economy.
Why Airline Travel Is So Miserable, and Other...
Deregulation is when the government removes restrictions in an industry. Here's pros, cons and examples in the banking, energy and airline industries.
How Discretionary Fiscal Policy Affects...
Discretionary fiscal policy is the portions of Federal government taxes and spending that can be changed from year to year.
How the Gold Standard Made the Great Depression...
A brief history of the gold standard, including when the U.S. went off the gold standard, and why.

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