Economic Problems in the US

Abstract

The US has been not reinvesting its earnings back into its economy and people since very long. And at the same time have been over spending on domestic front (Leonhardt, 2011) along with wasting huge resources into some adventures in Asia and Africa and in some other military campaigns (Johnson & Sehgal, 2011). It is simple economics but the US (political and administrative classes) is not ready to understand it. Since long the US has been investing billions of dollars in so called strategic future interests and plans for 21th century and so. But it is miserably failing to plan for its present.

Keywords: slowdown, Economic Problems