Is The Economy Really Growing

Economic Growth (name (schoolEconomic Growth ?Page 1President Bush s formation claims that the US economy has moved to greater bounds during his tenure . A quick look at the White digest s website , and you would see its press releases thatReal Wages Grew 2 .4 Percent everywhere The chivalric 12 Months . This means an extra 755 for the average full-time production worker or about 1 ,327 for the natural family of four with two wage earnersReal After-Tax Income Per Person Has Risen By 9 .8 Percent - 2 ,660 - Since The President Took OfficeOur Economy Has prominent A Solid 2 .9 Percent Over The Past Four Quarters - Faster Than Any Other major(ip) Industrialized CountryProductivity Has Grown At An Annual Rate Of 3 Percent Since The low gear Quarter Of 2001 , Up From A 2 .4 Percent Annual Rate During The Preceding Five YearsGas Prices pass on Fallen Almost 82 Cents A Gallon Since early AugustEmployment Has Increased In All But One re creation Over The Past 12 Months Ending In family (1 December 2006 , HYPERLINK http / web .whitehouse .gov /infocus /economy http /www .whitehouse .gov /infocus /economyTruly these are facts based on careful calculations and actual statistics , and we could not say that these facts are farce . However , we come to oral sex these assertions of the Bush s administration because of the general universe s negative intuition about the economy . Recent surveys show that only 29 percent of Americans rated our economy as good while a clear majority of 61 percent believes that we have the whisk of economies in yearsWhat then is the reason for such disparity in figures and public perception ? I posit two reasons for this . First , the whole truth lies in some new(prenominal) economic facts that the goernment does not speak of , however is felt by the general public and revealed partly in some dailies .

moment reason is that the political mismanagement of the Bush government is highlighted and looms over the economic perception of the public . Let me now wrangle the two theorems in detail , but at the first instance it would be gleamed thatEconomic Growth ?Page 2the two reasons I cited are both questions of what are (and what are not ) highlighted to the public by those in governmentThe White House shows statistics and figures of what is good in the economy . The facts stated above are true , but they are only one side of the entire image of the economy . In fact , if we bring in the other half , those facts may not hold much irrigate as it claims to be , and this is a reason for the faltering public perception in the surveys . The other half of the picture says that the US income gap has reached an all time high , and this is according to the passel s Daily Online and the Associated Press . This means that the few upper centile of the population has grown richer (and even fewer ) and the lower...If you want to bunk a full essay, order it on our website: Orderessay

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