Group items tagged

This article is about the trade off and trade defiecits between America and China during iPhone production and exportation. It discusses the idea in terms of America and China, but also uses an example involving fictional places to give a clearer picture and explanation of the idea.

This article describes a decision by the US Federal reserve regarding inflation rates. The article points out that the unemployment rate has declined and inflation has increase, showing the trade-off. They hope, by monetary policy, however, to attempt to both reduce unemployment and achieve a stable rate of inflation.

This article talks about the ongoing Social Security debate happening in the U.S. federal government. Some state governments, such as Texas, form their own version of Social Security which has been confusing to the original plan. The trade-off illustrated here is "more you contribute, the more your savings will be." By contributing more money now, you will eventually make more money. However, many people don't want to give up lots of money now!

"We need to have a much more honest conversation about the tradeoff between inflation and real growth." There is an ongoing conflict of how to manage inflation via increasing aggregate demand which is the classic trade off. The article indicates "liberals arguing for government intervention and conservatives often pushing for tax breaks and incentives to get the private sector moving again." This is not only a national economic conflict, but a political conflict as well.

This article talks about how inflation affects the economy and society. It mainly talks about how it affects unemployment. It later goes on to test the theory that (quote) "a short-term rise in unemployment can permanently damage an economy, by making it harder for those laid off to find work even when times recover". The government, however, is tackling the problem.

This article disscuses the rising rates of unemployment as well as a rising rate of inflation at the same time in the eurozone. This goes to show that sometimes, when you are trying to mend both, both can end up going in the wrong dirrection and causing a very unhealthy economy