The video does not talk about GDP enough. So, I will also add that the U.S has the ability to make money for itself. When you work at Jobs or etc for money. You create our country's Gross domestic product. Which is Money for ourselves to spend. In 2011, we fell below minus 100 percent GDP. Which means the money we produce for ourselves via working at a job cannot not rebuild the economy. We have loss the ability to work ourselves out of debt. That is why the video does not really talk about how to get out of debt (For anyone wondering that). We are pass that point.
Wednesday, March 20, 2013
Economic Wealth Distribution
A written blog was going to be posted about this economic inequality inside of America without a video originally. However though, this video explains the economic situation well. I am placing this video here hopefully help us understand the economy. And not to say that you or anyone else should be in a state of fear or worrying. I thought this video explained the economy pretty well for those of you who are interested..
The video does not talk about GDP enough. So, I will also add that the U.S has the ability to make money for itself. When you work at Jobs or etc for money. You create our country's Gross domestic product. Which is Money for ourselves to spend. In 2011, we fell below minus 100 percent GDP. Which means the money we produce for ourselves via working at a job cannot not rebuild the economy. We have loss the ability to work ourselves out of debt. That is why the video does not really talk about how to get out of debt (For anyone wondering that). We are pass that point.
The video does not talk about GDP enough. So, I will also add that the U.S has the ability to make money for itself. When you work at Jobs or etc for money. You create our country's Gross domestic product. Which is Money for ourselves to spend. In 2011, we fell below minus 100 percent GDP. Which means the money we produce for ourselves via working at a job cannot not rebuild the economy. We have loss the ability to work ourselves out of debt. That is why the video does not really talk about how to get out of debt (For anyone wondering that). We are pass that point.
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