United States
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Deficit Wisdom, Then & Now...the high priest of Keynesianism, writing back in March 2003. A year and a half later he was comparing the U.S. deficit with Argentina's (at a time when it was 4.5 percent of GDP). Has the economic situation really changed so drastically that... In this article: Paul Krugman, Inflation, Niall Ferguson, Newsweek, U.S., and Argentina |
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San Jose Mercury News | November 14, 2009
Opinion: Krugman: On job creation, Germany can teach U.S. a lesson
Opinion: Krugman: On job creation, Germany can teach U.S. a lesson Consider, for a moment, a tale of two countries. Both have suffered a severe recession and lost jobs as a result - but not on the same scale. In Country A, employment has...
In this article: Germany, Unemployment, Paul Krugman, Recession, Economic Policy Institute, and Lawrence Summers
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Newsweek Top News | November 17, 2009
U.S.-China Relationship Is Good for the World
...War terminology. That's why, in 2004, Larry Summers, then president of Harvard, described the relationship between America and China and Japan, the largest holders of U.S. debt, as "a kind of balance of financial terror." New York Times...
In this article: China, Barack Obama, Deng Xiaoping, Japan, Mad, European Union, Paul Krugman, and Hu Jintao
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Seeking Alpha | 12 hours ago
Best Buy, the Carry Trade and U.S. Debt
...trade. His view is that growth will come from affordable (cheap) debt capital. He thinks that the US can go to 100% Debt/GDP without upsetting the applecart. I think he is dead wrong. We are at the point where the laws of big numbers start...
In this article: Best Buy, Paul Krugman, US, Balance sheet, Derivative, Inflation, Black Friday, and FDIC
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Reuters | 6 days ago
Obama says boosting jobs is a top priority
...too much. Noting that many U.S. businesses were now making good profits, Obama said that reflected cost-cutting rather than wider demand in the economy, generating surging U.S. productivity that has not yet led to hiring. "All these...
In this article: Barack Obama, Unemployment, Thomson Reuters, Recession, Small business, Afl-cio, NYSE, Nasdaq, and Paul Krugman
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Marginal Revolution | 3 days ago
Should we apply a transactions tax to REPO?
...this morning and asked what I thought of Paul Krugman's column today. Krugman writes: As Gary Gorton and Andrew Metrick of Yale have shown, by 2007 the United States banking system had become crucially dependent on "repo" transactions, in...
In this article: Tax, Paul Krugman, Revenue, Yale, and Dubai
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Equity Gains by U.S. President: The Problem with Linear Thinking
...on his New York Times' blog. Let's pause for a moment and soak that experience in, as Krugman considers the inflation-adjusted stock market returns spanning several recent U.S. presidential administrations: Look back at stock returns...
In this article: Paul Krugman, S&P 500, Rate of return, Inflation, U.S. House of Representatives, U.S., World Wide Web, Nobel Prize, and Nancy Pelosi
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Huffington Post | 7 days ago
US Debt A 'Phantom Menace,' Krugman Argues
...that "if we keep on adding to the debt, even in the midst of this recovery, that at some point, people could lose confidence in the U.S. economy in a way that could actually lead to a double-dip recession." Krugman's response: "What?
In this article: Paul Krugman, Barack Obama, Recession, Social Security, and Medicare
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Nelson On Board For Second Round Of Spending
...care reform legislation late on Saturday evening. Read the overview AP coverage HERE, and... Obama Visits Wounded US Soldiers At Walter Reed In an exclusive interview about President Obama's recently announced White House Job Summit,...
In this article: Ben Nelson, Unemployment, Steny Hoyer, Barack Obama, Federal Reserve, House of Representatives, and Susan Collins
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Description from Wikipedia:
The United States of America (commonly referred to as the United States, the U.S., the USA, or America) is a federal constitutional republic comprising fifty states and a federal district. The country is situated mostly in central North America, where its forty-eight contiguous states and Washington, D.C., the capital district, lie between the Pacific and Atlantic Oceans, bordered by Canada to the north and Mexico to the south. The state of Alaska is in the northwest of the continent, with Canada to the east and Russia to the west across the Bering Strait. The state of Hawaii is an archipelago in the mid-Pacific. The country also possesses several territories in the Caribbean and Pacific.
At 3.79 million square miles (9.83 million km) and with about 308 million people, the United States is the third or fourth largest country by total area, and the third largest by land area and population. It is one of the world's most ethnically diverse and multicultural nations, the product of large-scale immigration from many countries. The U.S. economy is the largest national economy in the world, with an estimated 2008 gross domestic product (GDP) of US $14.4 trillion (a quarter of nominal global GDP and a fifth of global GDP at purchasing power parity).
- Name:
- the United States
- Conventional Long Name:
- United States of America
- Capital:
- Washington, D.C.
- Language:
- None at federal level
- English (de facto)
- Motto:
- In God We Trust
- Largest City:
- New York City
- Government type:
- Federal constitutional republic
- Founding Date:
- September 03, 1783
- Formations:
- Recognized
- Area:
- 3794101
- GDP (per capita PPP):
- $14.441 trillion
- GDP (per capita PPP) Rank:
- 1st
- GDP (nominal):
- $14.441 trillion
- GDP (nominal per capita) Rank:
- 17th
- GPD (nominal) Rank:
- 1st
- GDP (nominal per capita):
- $47,440
- Currency:
- United States dollar ($)
- Demonym:
- American
- Drives On:
- right
- Currency (code):
- USD
- Country Calling Code:
- +1
- ccTLD:
- .us .gov .mil .edu
- Anthem:
- "The Star-Spangled Banner"
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