Explain the failures to mitigate the looming trouble

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Reference no: EM13184260

American Economy:

sluggish economy

looming debt trouble despite hard efforts to curtail annual budget deficit

economic growth trailing behind the potential

unemployment rate far above the natural rate

inflation rate too uncomfortably low from the recent Great Recession

Who contributed to the development of the problem
Whatthe consequences are expected to be as well as obstacles of appropriate response along the way
Where (i.e., what industries, countries, regions) the problem will affect the most
When the problem started and how long it took for it to become a serious threat to garner the nations attention
Whythe problem was allowed to develop and materialize in the first place
Responses tried and their successes/ failures to mitigate the looming trouble

Reference no: EM13184260

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