Monetary Policy Essay

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The Fiscal and Monetary Policy and Economic Fluctuations Five years after the U.S. economy faced its most serious crisis since the Great Depression. The majority of Americans (63%) say the nation’s economic system is no more secure today than it was before the 2008 market crash. Just (33%) think the system is more secure (U.S. and European Economic Outlook, 2012). That does not reflect that much confidence. Many household incomes and jobs still have not recovered from the recession. Americans are waking up and asking about the impact of government efforts to deal with the recession. Economic policies have benefitted large banks, corporations and the rich than the middle-class, the poor or small businesses. The latest national survey by the Pew Research Center, conducted September 4-8 among 1,506 adults, finds that 54% say household incomes have “hardly recovered at all” from the recession. Nearly as many 52% say the job situation has barely recovered. By contrast, majorities say that the stock market and real estate values have at least partially recovered from the recession 74% and 63%, respectively. But relatively few say that even these sectors have fully recovered 21% stock market, 4% real states values (Pew Research Center, 2013). Fiscal Policy 3 The U.S inflation rate tapered in October 2012 after twelve months was 2.16% which is 0.11% higher than the one in September. The U.S inflation forecast consists of apparel, education and communication, energy, food and beverages, housing, medical care, recreation, and transportation. The Government economic policies

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