Many of the current economic issues the United States is facing is the responsibility of not only the current government but also their predecessors. The over involvement of the government has lead to a reduction of jobs, increased the import of goods, and high overall dollar value. The Federal Reserve Board and the Treasury have enormous ability to influence the value of the dollar. A high dollar makes U.S. goods and services less competitive in the world economy. The increase in manufacturing jobs oversees is one of the results of the high value of the U.S. dollar. Companies saw great opportunities to increase profit through globalizing manufacturing and eliminating much of the domestic manufacturing industry. U.S. multinational corporations have had job reductions of 2.9 million domestically and a transition of 2.4 million jobs sent overseas.

The continued irresponsibility of our governments and lack of in depth into real issues continues. Claims are made about rising stock prices and a good housing market but in reality this does not reflect the United States as a whole. The stock owners and homeowners benefit from these rises but the majority of the country does not fall into this category. For citizens looking to purchase homes it makes if more difficult thus increasing the already large gap between the nations wealthy and middle class.Since homeowners as a group tend to be wealthier than non- homeowners, it is hardly progressive to support the upward redistribution of wealth implied by higher home prices(Baker). These measurements of the housing and stock markets are a piece of the United States economy but do not accurately sum up the economy as a whole. Additional information is vital to determine the current state in which the United States stands. A collective effort of the United States government is needed to fix the current state of the economy. Incentives are needed to keep jobs domestic as well as a hands off approach as to not increasing the price of products and services. Over speculation of the current state of the U.S. leads to big issues that are prevalent. 

Baker, Dean. The End of Loser Liberalism: Making Markets Progressive. Washington, D.C.: Center for Economic and Policy Research, 2011. Print.