How Current Issues Affect Our Economy Essay

It has been a common nonion that reliable issues affect a countrys economy. Particularly, in the U. S. , issues much(prenominal) as preference, war, and immigration are a lot pointed out to cause the economy to rise or fall. Also, there is a speculation tying up the economy with the prices of stocks, in that the rise in the prices indicates an improving economy and vice versa. Although existing studies keep up not established a sure claim that current issues truly affect the economy (Socioeconomic Foundation Website), we squeeze out point out reasons how much(prenominal) issues can make the economy rise or fall.First, let us consider how elections can improve or pull down our economy. As what we may hear during election periods, the success of our economy is whateverhow dependent on whoever wins. On the one hand, if the incumbent political relation girdle in power, the economy, with all its budget appropriations, would be sustained. Therefore, there is a tendency that our economy could maintain its usher in status and there would be no fear of decline. On the former(a) hand, if a new regimen takes over, a new set of budget will be proposed, and there could be an economic recession, which could in conclusion lead to some losses.In the same way, war can affect the economy in 2 ways. It can have positive implications, as well as negative ones. On the positive side, interest in war could make a country more powerful and prominent. In addition, it promises future alliances, which keep in line us of additional areas for investment. As such, the countrys power and territory widens, and this leads to developing trust of other nations on the countrys stability. This development of trust to the U. S. power could later mean more investments and alliances.On the negative side, appointment in war could as well as imply a lot of drawbacks. For instance, recipient countries such as Iraq and Afghanistan receive a funding of USD 1. 3 billion for their infrast ructure, community action, and other local projects. As such, involvement in war could lead to economic slur or upsurge. Aside from election and involvement in war, immigration is another issue affecting the US economy. As Croddy & Hayes (2007) note, the issue of unlawful or unauthorized immigration has existed for the last thirty years.Illegal immigrants include all passel who have been overstaying in the country, and those without proper documentation. While some of them may have jobs to support themselves and their family, a lot of these people do not have a livelihood and literally rely on what the US government can provide. Specifically, the government spends for their childrens education in public schools, medical benefits, and other projects that they benefit from such as infrastructure, telecommunication, etc.Similarly, these people contribute in depleting the countrys natural resources, and utilize energy, water, and air. some other issue that may be affecting the U. S. economy is the problem with HIV victims. As the fight against acquired immune deficiency syndrome continues, the government keeps on spending a lot of money to discover the cure for the said disease. This also implies that as the cure for AIDS has not been found, the government will continue its effort to allocate some of its budget to inventions and researches.ReferencesCroddy, Marshall and Hayes, Bill.Current Issues of Immigration, 2007. 2007. Retrieved 2 February 2008 . Key Aspects of Socionomic Theory. Socioeconomic Foundation. Retrieved 5 February 2008 . Lancaster, Carol. U. S. Foreign Economic fear in 2008 Winners and Losers in President Bushs Proposed Budget. Retrieved 4 February 2008 .