The United States economy Essay Example for Free

The United States parsimony Es understandThe economic lines that are plaguing the United States economy at the present are numerous to say the least. Since the collapse of the Housing market, the United States has experienced what some have come to call an economic recession. tour it remains to be seen if the United States economy is really undergoing a recession at this point in time, this situation can be used as a great opportunity to point egress the current struggles of the American economy.The much touted and highly publicized US $700 billion bailout plan is argued to be swell for the economy as a quick fix to the problem yet there are a number of economists who feel that the real solution to the problem lies in establishing more solid fiscal policies as opposed to monetary policies. As several economists have pointed out, the monetary solution of providing an economic stimulus package without addressing the entire problems is only a quick fix. The world is beginnin g to realize that all of the credit and financial problems that the world is facing right now cannot be solved by throwing money at it. The problem, as pointed out, is not simply that the world is experiencing a slow down but that there are fundamental flaws with several of the worlds largest economies and as such these problems have to be addressed. Any monetary insurance policy will simply result in concealing the glaring holes in the economic systems and will not provide the needed answers to the problem.There seems to be no end in sight for this economic problem as governments all over the world announce new economic stimulus packages. There too seems to be a dearth in fiscal policies that are designed to solve this problem. In state to arrive at a more effective solution to the problem, it is important to accompany these monetary policies with unfathomed fiscal policies in order to create solid economic fundamentals that may prevent the occurrent of financial crises such as these in the future.References Davidson, Scott. (2003). Economics Perfect Competition and Monopolistic Competition. 2nd Series. Bantham Books 103-105. Davis, K. (2003). The be and consequences of being uninsured. Retrieved February 4, 2008, from http//www. cmwf. org. Stone, Diane. (2007) Market Principles, Philanthropic Ideals and Public Service Values The Public Policy Program at the Central European University, PS Political Science and Politics, July 545551