1. Gross Domestic Product (GDP) and the Welfare of America
... 's current $14 trillion nation debt. That is another major indicator of economic health; the relationship between government income and spending. (O.C Ferrell, 2011) The nation as a whole can also feel the burden of a declining GDP. If the US isn't bringing in as much revenue and has dug themselves into a budget deficit, then there is not enough money for national defense and military ... 50% of all jobs. (O.C Ferrell, 2011) Recently there has been a decline in small business, more of them are failing. Citizens are scared to open their businesses because they fear failure. Jim Clifton st...
- Word Count: 1079
- Approx Pages: 4
- Has Bibliography
- Grade Level: High School