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Economy of the United States of America
The United States economy is the world’s largest national economy. In 2007 its gross domestic product (GDP) was estimated to be $13.8 trillion. It has a steady growth rate in GDP, low rate of unemployment, and large reserves on research and capital investments supported by both national and foreign investors.
Trickle, Trickle, Up, Down (Part 1)Republican administrations largely use supply-side economics. In a phrase, money is applied to the top level of the economy, with the hope placed in the fairness of industry controllers that it will trickle down to the worker class. Does it work? Sometimes.