The economy of the United States may be recovering, but it is a flawed recovery, reports the Financial Times. Furthermore, Trump and Obama supporters are fighting over who gets to lay credit over the improvement.
Since its passing in 2010, it is still too early to know its impact on the economy, claimed the health expert Joseph Antos. But so far it has not damaged the economy and even if it has, the impact is not severe.
President -elect Donald Trump was able to convince the Carrier Corp. to remain in the US following its decision to go offshore to Mexico. However, there are those that claim the President's decision is dangerous to the American economy.
US manufacturers and business owners need not fear a lower trade deficit with certain countries. The lower number of exports is not expected to close down shops -- but are expected to open new doors including new business investments.
Underlying inflation pressures rose in October, even as falling gasoline prices kept overall U.S. consumer prices in check, bolstering expectations of a mid-2015 interest rate hike from the Federal Reserve.