America’s economy is in a downward spiral. It went from being stagnant to outright volatile.A recession is defined as a period of temporary economic decline during which trade and industrial activity are reduced. Recession.org states, “Professionals and experts around
Standard & Poor dropped America’s credit rating from AAA to AA+, claiming the "political brinksmanship" shows American leadership is "less stable, less effective, and less predictable." The recent ambivalence of government officials has made the agency wary of America’s ability
Congress finally did it. The debt ceiling has been raised for the 74th time in United States history. Requiring compromise from the Democrats and Republicans this process has been hard. Now what will happen to the economy?