What’s Happening to the US Economy ?!! Does it still WoRk? 

Terms to help you understand and spread the word

ON ZOOM Nov 9, 2025, 4:30 - 6 pm

 Trickle down theory

Supply side (trickle down): Cutting taxes and regulations on the wealthy will result in more investment, leading to increased production and hiring

vs

Trickle up theory

Demand side: Raising working/middle class wages produces increased consumption, which results in more hiring.

GDP

The Gross Domestic Product is the total value of all goods and service produced in a country in a year. C+I+G+ Xn

Tariffs

Taxes on foreign goods; costs passed on by US importing companies to consumer, not paid by importing country.

Inflation

Inflation ongoing, usually incremental, increases in the price levels for goods and services.

Stagflation

Increasing unemployment and inflation at the same time

Reports that measure inflation and employment

The Bureau of Labor Statistics tallies the CPI (consumer price index) and the unemployment, plus other measures of employment. Private organizations (ie, payroll processing company ADP) also provide employment data.

Reports that measure inflation and employment

Unemployment measurements and statistics: The official unemployment rate shows unemployed people as a percentage of the total labor force. To that can be added marginally attached or part-time job seekers looking for full time employment.

Recession.

A prolonged period (2 consecutive quarters) of negative economic growth (declining GDP), as measured by the National Bureau of Economic Research.

Micro Economics

focuses on the actions of individual agents within the economy, like households, workers, and businesses.

Macro Economics

looks at the economy as a whole. It focuses on broad issues such as growth of production, the number of unemployed people, the inflationary increase in prices, government deficits, and levels of exports and imports.

Types of Economies

Market

Command

Traditional