My remarkable canvas by

My remarkable canvas by https://padlet.com/natalearini/6v8a9ldmpmgs Made with a creative frenzy en-us 2020-01-29 00:07:28 UTC 2020-04-08 15:32:16 UTC hello@padlet.com Week 2 natalearini https://padlet.com/natalearini/6v8a9ldmpmgs/wish/437319991 Trump says the Fed should cut rates so the US can pay down its $23 trillion debt
https://www.cnbc.com/2020/01/28/trump-says-the-fed-should-cut-rates-so-the-us-could-then-focus-on-paying-off-refinancing-debt.html

Trump is trying to solve the crisis of the USA's enormous debt, 23 trillion dollars to be exact. He pitched an idea to the Federal Reserve. This idea was to lower interest rates and by doing so this could help lower our national debt. This is a continuous of the previous he ideas he spoke to them from last time. This time he included a new idea, that idea being that this lowering could also reduce the national red ink present. The current target rate is between 1.5%-1.75%, but Trump believes we are moving too slowly to reach this. Alongside this a shocking fact arose, that being the national debt has swelled during the Trump administration to $23.2 trillion, an increase of 16.4%. The fiscal deficit was more than $1 trillion for calendar year 2019.

In the course description, "Students learn how changing money and credit conditions and changes in government tax and spending policies affect the macro economy." This article relates directly to the course description as it looks directly at changes in money. The article spoke on the National $23 trillion debt we are. This is a very big issue and relates directly back to the idea of macroeconomics as it does with a large scale aspect of the economy. Trump did offer solutions to this problem though. He believes that lowering interest rates would lower our national debt. This is because it lowers the cost of borrowing, and allows for businesses to increase investment spending. Relating this now to one of the learning outcomes we can look at #7 as it states, " The national debt, the "crowding-out" effect, and the real debt burden." Again, this is the main premise of this article as it is Trumps attempt to help recover this avalanche of debt.

JeffCoxCNBCcom. “Trump Says the Fed Should Cut Rates so the US Can Pay down Its $23 Trillion Debt.” CNBC. CNBC, January 28, 2020. https://www.cnbc.com/2020/01/28/trump-says-the-fed-should-cut-rates-so-the-us-could-then-focus-on-paying-off-refinancing-debt.html.

]]> 2020-01-29 00:08:52 UTC https://padlet.com/natalearini/6v8a9ldmpmgs/wish/437319991 Week 3 natalearini https://padlet.com/natalearini/6v8a9ldmpmgs/wish/440677670
The US economy produced about $21.7 trillion in goods and services in 2019 – but what does GDP really mean?
https://theconversation.com/the-us-economy-produced-about-21-7-trillion-in-goods-and-services-in-2019-but-what-does-gdp-really-mean-130685
The article was written by Dan Sichel on January 30th and brings some riveting points often overlooked to the forefront. He begins the article by explaining us what GDP is, that is, market value of all goods and services produced within a country’s borders during a given period of time. When looking at this years GDP we are up 2.1% which was about the same rate it has gone up the last five years. After this he speaks on the importance of GDP as it helps measure if a nation is strong or weak. He ends the article by explaining that GDP does not measure a few things and there are alternates way to measure more accurately.

This article also does an excellent job at relating back to the course description. The course description states, "Students learn how changing money and credit conditions and changes in government tax and spending policies affect the macro economy." This article is exactly that as it directly defines Gross domestic Product and speaks on the qualities that this identity posses. The author Dan Sichel says the U.S has produced $21.7 trillion dollars. Now in the aspect of macroeconomics we look at what this means for the economy alone. First and foremost it shows the production power of the US as one of the lead producers. Alongside this it shows a growth of 2.1%, which was expected, but this is good as it is steady on the same pace in the last five years showing a possible collapse is not in the near future. Lastly, relating back to the learning outcomes we can look at #1 as it states, "GDP, its components, and real and nominal differences." Again the whole purpose of this article was to speak on the US current GDP and alongside this he spoke of the guts and power of GDP itself. Sichel even notes that some professional do not agree with GDP and believe other ways are more accurate representations.

Sichel, Dan. “The US Economy Produced about $21.7 Trillion in Goods and Services in 2019 – but What Does GDP Really Mean?” The Conversation, January 31, 2020. https://theconversation.com/the-us-economy-produced-about-21-7-trillion-in-goods-and-services-in-2019-but-what-does-gdp-really-mean-130685.]]> 2020-02-05 00:55:19 UTC https://padlet.com/natalearini/6v8a9ldmpmgs/wish/440677670 Week 10 natalearini https://padlet.com/natalearini/6v8a9ldmpmgs/wish/497901131 Coronavirus could create ‘a generation of supersavers’ and reshape the economy

https://www.cnbc.com/2020/04/03/coronavirus-may-create-a-generation-of-supersavers-who-reshape-economy.html

This article was written by Chloe Taylor last Friday on April 3rd. This article of course was on corona virus the only difference being it tried to find an upside to the whole situation. This idea of this article was based on when tragedy like this occurs of course the economy is going to take a hit, and with this being one of the biggest ones ever it began to look at it as almost an awakening for non stop spenders. She said it would in turn make people spend less money as the world is much more fragile than we once believed. One of the upsides being once a crisis like this occurs again we are better prepared and there will not be a big drastic change as we will know what to do.

This article is also attune in the same topics as this macroeconomics class. This article relates to GDP as this epidemic took a big hit on that, but also explained that there is a bright future and our GDP will be increasing very soon once all the panic that is occurring calms down. Overall the article addresses the whole economy as a whole relating it directly back to class ideas.
Taylor, Chloe. “Coronavirus Could Create 'a Generation of Supersavers' and Reshape the Economy.” CNBC. CNBC, April 3, 2020. https://www.cnbc.com/2020/04/03/coronavirus-may-create-a-generation-of-supersavers-who-reshape-economy.html.

]]> 2020-04-08 02:44:57 UTC https://padlet.com/natalearini/6v8a9ldmpmgs/wish/497901131