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Saturday, December 22, 2018

'How Current Issues Affect Our Economy Essay\r'

'It has been a common popular opinion that occurrent issues alter a rural’s economy. Particularly, in the U. S. , issues much(prenominal) as option, war, and immigration are often pointed forbidden to cause the economy to hoist or f every(prenominal). Also, on that point is a speculation tie up the economy with the prices of stocks, in that the rotate in the prices indicates an improving economy and wrong-doing versa. Although existing studies eat not effected a sure claim that current issues truly affect the economy (Socio economical trigger Website), we displace point out reasons how much(prenominal) issues can bind the economy rise or fall.\r\nFirst, let us accept how elections can improve or trace down our economy. As what we whitethorn go out during election periods, the success of our economy is or soway dependent on whoever wins. On the nonpareil hand, if the incumbent organisation stays in power, the economy, with all its budget appropriations , would be sustained. Therefore, there is a tendency that our economy could asseverate its present status and there would be no fear of decline. On the other(a) hand, if a new regime takes over, a new set of budget pass on be proposed, and there could be an economic recession, which could eventually lead to some losses.\r\nIn the same way, war can affect the economy in two ways. It can have demonstrable implications, as well up as ban ones. On the positive side, closeness in war could make a country more puissant and prominent. In addition, it promises future alliances, which assure us of additional areas for investment. As such, the country’s power and territory widens, and this leads to developing assumption of other nations on the country’s stability. This development of trust to the U. S. power could ulterior mean more investments and alliances.\r\nOn the negative side, involvement in war could also imply a lot of drawbacks. For instance, recipient coun tries such as Iraq and Afghanistan receive a funding of USD 1. 3 billion for their infrastructure, association action, and other local projects. As such, involvement in war could lead to economic slur or upsurge. Aside from election and involvement in war, immigration is another(prenominal) issue affecting the US economy. As Croddy & Hayes (2007) note, the issue of wicked or unauthorized immigration has existed for the closing curtain thirty years.\r\nIllegal immigrants include all mess who have been overstaying in the country, and those without right(a) documentation. While some of them may have jobs to support themselves and their family, a lot of these people do not have a livelihood and literally rely on what the US government can provide. Specifically, the government spends for their children’s education in unrestricted schools, medical benefits, and other projects that they benefit from such as infrastructure, telecommunication, etc.\r\nSimilarly, these people direct in depleting the country’s indwelling resources, and utilize energy, water, and air. Another issue that may be affecting the U. S. economy is the riddle with HIV victims. As the fight against back up continues, the government keeps on spending a lot of money to discover the redress for the said disease. This also implies that as the bring to for AIDS has not been found, the government depart continue its effort to allocate some of its budget to inventions and researches.\r\nReferences\r\nCroddy, Marshall and Hayes, Bill.â€Å"Current Issues of Immigration, 2007. ” 2007. Retrieved 2 February 2008 <http://www. crf-usa. org/immigration/Current_Issues_of_Immigration_2007. pdf. >. â€Å"Key Aspects of Socionomic Theory. ” Socioeconomic Foundation. Retrieved 5 February 2008 <http://www. socionomics. org/about/key_aspects. htm#contents>. Lancaster, Carol. â€Å"U. S. Foreign frugal Aid in 2008: Winners and Losers in prexy Bush’s Pro posed Budget. ” Retrieved 4 February 2008 <http://blogs. cgdev. org/globaldevelopment/2007/02/us_foreign_economic_aid_in_200. php>.\r\n'

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