High Costs of Medical & Inexpensive Care Take action --GK

 High Costs of Health Care  Affordable Attention Act --GK Essay

High Costs of Health Care & Affordable Proper care Act

Kanakavelan Gothandaraman

DeSales University

Professor: Dr . Tahereh Alavi Hojjat

FD505 – Microeconomics (Fall-2013)

High Costs of Health Care & Affordable Care Action

Table of Contents

Abstract3

Literature Review4

Conclusion7

References9

Abstract

In last two decades the world has viewed almost all severe scenarios of economic progress and failure. The growth began with the communication boom in early 1990's and followed by internet technologies; after having a decade of world economic system growth, it was the Lehman Brother break which helped bring down the universe financial system to its leg. Until then people did not realize that the economy of a country is not only dependent on its own indicator, it's also determined by its transact partners and other countries around the world. Given that the interdependencies of the countries have changed significantly in the modern times; to foresee an economy we need evaluate what is going on on the globe as complete. Due to the fact that you will discover wars, home conflicts, politics problem and international pressure the planet's economic situation is extremely fragile. As an element of this daily news we will be taking current ALL OF US economy and analyze it is performance and discuss what we need to do to ensure it grows at a proper rate. http://www.aetna.com/health-reform-connection/aetnas-vision/facts-about-costs.html http://kff.org/health-costs/issue-brief/assessing-the-effects-of-the-economy-on-the-recent-slowdown-in-health-spending-2/ http://kff.org/health-reform/perspective/how-obamacare-may-be-holding-down-costs

High Costs of Health Care & Affordable Attention Act

Literature Review

Your canine days of September and Sept have generally spelled trouble for the world's economic climate. In 08 it was zero different, for 1: 45AM on Sept. 2010 15, 08, the US fourth largest financial firm filed for Chapter 11 personal bankruptcy protection pursuing the massive exodus of most of its clientele, drastic deficits in its share, and accounting allowance of their assets simply by credit rating companies. Lehman Brothers' bankruptcy processing is the greatest bankruptcy in U. H. history, and it is thought to have played a significant role in the unfolding from the late-2000s global financial trouble. The financial collapse was started due to irresponsible mortgage lending practice in ALL OF US. The financial loans were given away out to " subprime” consumers with not of very good credit history. Big bank's financial engineers located ingenious method to pool area those subprime risky mortgage loans and it absolutely was used to again securities find out as collateralized dept responsibilities (CDO). In addition to that, but they also developed synthetic CDO as a variant of a CDO. It bet on the performance of various other mortgage items, rather than a genuine mortgage protection. Institutional and individual buyers bought these securities convinced that they're less dangerous because of AAA rating provided by credit rating companies like Regular & Poor's (S& P) and Changing mood. The past financial crises had been primarily because of the financial institution failure, but brokers were not the only people to fault. Regulatory company such as SEC and others acknowledge responsibility for failing to exercise proper oversight of economic institutions. To curtain the free falling and prevent a long-term depression, Fed injected massive monetary and fiscal stimulus, but recovery remains weak compared with prior post-war upturn GDP is still below the pre-crisis maximum in many countries. In US, Given began it is latest rounded of bond-buying, also known as quantitative easing, a year ago when the unemployment rate was 8. 1%. The Fed has been purchasing $45 billion in Treasury securities and $40 billion in mortgage-backed securities each month. The aim was to push down mortgage loan and other long lasting interest rates to stimulate the housing market and encourage even more spending by simply businesses. The stimulus helped fuel a housing market restoration as the unemployment rate gradually droped to several. 3%...

Sources: A rickety rebound. (2013). Economist

Overall economy at a Glance. (2013, 09 27). Retrieved coming from http://www.bls.gov/eag/eag.us.htm

Isidore, C. (2013, 09 30). money. cnn. com. Gathered from http://money.cnn.com/2013/09/30/news/economy/shutdown-economic-impact/

Charette, Ur. (2013, 9). The CONTROL crisis. IEEE Spectrum

Big reality-check. (2013, 08). Economist

Tracy, C and Crittenden. (2013, on the lookout for 24). Tiny banks clutch system lifeline. The Wall Street Journal

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