A Discussion of Macroeconomic Policies used by the USA Government over the past three years, their impact on the USA Economy and how successful these Policies have been - Essay Example f a real-estate slump and related financial problems, there were predictions that margin squeeze from high energy prices or a dollar shock could be crucial factors tipping US growing economy into a downturn. With the global political situation ever changing, foreign policies fluctuation in split second, the economy has suffered too over the recent years. This paper describes the United States of Americaâ€™s macroeconomic polices in the recent years and their impact on the people. We shall consider the past three years and look at how the changing economic policies changed business interests and how they impact the overall economic situation of the state. In 2006 U.S economy was still suffering from the effects that the hurricanes such as Katrina had on the U.S. economy and because of their reverberations in 2006. The health of the national economy was facing threat, due to the severe beating that the infrastructure tookâ€”most notably the infrastructure for energy. For the preceding year and a half, energy prices had surged worldwide. When the storms hit at the end of August, economic activity had been quite robust for several years, supported by monetary accommodation and strong productivity growth. Real GDP had grown steadily at, or above, its potential or long-run sustainable pace, which is estimated at around three and a quarter percent. This pattern continued even during the third quarterâ€”immediately following the hurricanesâ€”when real GDP grew by just over four percent. In the fourth quarter, growth did drop sharply to about 1 Â½ percent. However, a good deal of this slowdown appears to have been due to several temporary factors, none of which were related to the hurricanes. In 2006 the US economy was facing a great deal of un-certainty; the economy appears to be approaching a highly desirable glide path. First, real GDP growth currently appears to be quite strong, but there was good reason for it to slow to around its potential rate as the year
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Individual report - Coursework Example The organization has the strength of being perceived as positive help for those in their older mature years, from ages sixty to eighty. This age group represents more serious risk factors than other groups; the representatives from this population can have problems combined with various other circumstances of his situation have made them vulnerable. Because the organization is perceived as helping the vulnerable rather than taking advantage, a key strength is in public perception. Weaknesses: One potential internal weakness of the proposed expansion for Southwark to UK Circle is that the organizational leadership may perceive the status quo as acceptable, and resist public relations (PR) intervention from an external source. â€œOne of the greatest problems public relations practitioners face is proving that they make a worthwhile contribution to their organizations. This is especially so during economic downturns when businesses and nonprofits are looking for ways to eliminate needless expensesâ€ (Wirth, 2003). Another weakness is that the client base of the organization, on average, does not have a lot of spending power to add to the financial bottom line. They may receive little or no support from the children, and may be a retired veteran of the second World War. There are also complicated gender role relations among the elderly. Retirement may cause a man to miss the more competitive role that he may have played as a breadwinner in society, and one study â€œfound that men who return to work typically by choice--such as accepting part-time consulting jobs with former employers--are more satisfied with their livesâ€¦ than men who retire permanentlyâ€ (Kearl, 2000). Some elderly individuals might be experiencing cognitive changes as well as symptoms of the mental illness of depression, which are serious issues that Southwark/UK Circle cannot help with. Opportunities: In terms of external expansion, Southwark/UK Circle can take advantage of marketing opportunities to spread the word about the organization, and give it a wider public range of awareness. Through PR, market segmentation, target market selection, and positioning, the organization can become more visible, as well as more economically viable. The first point is market segmentation. This is basically the process of dividing the market for Southwark/UK Circle into categories or groups, based on demographics and other indicators that make each member of a group. For example, a company making cell phones might divide their market of customers (by age, income, gender, etc.) into smaller groups. And as a baseline in relation to these groups, the basic message of the organization remains fundamentally positive: â€œSouthwark Circle community believes that people can be each others' solution, and backs it up every day, week and month by helping each other out with life's practicalÂ bits and pieces. Southwark Circle is also aboutÂ learning new things, and enjoying your hobbies and interests with others in the communityâ€ (Southwark, 2010). Threats Externally, balance can be sought between different extremes by recognizing that there are many different situations in which a business can succeed or fail that are circumstantial and would be unchanged no matter what the planning structure. There are many businesses that have had core competency but have not been able to expand nationally successfully. Other
Write something about yourself. No need to be fancy, just an overview.