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[Report] Words and Their Stories 2020-01-12

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[Report] Words and Their Stories 2020-01-12


Words and Their Stories

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[Homework]Words and Their Stories 2020-01-12

The third year of Donald Trump's presidency,seems likely to be remembered more for his inpitchment than for anything else .But a look at economic data shows that the United States' economy expanded  in 2019.In fact,many economic numbers appear to confirm much of Trump's claims about the economy.
     There are various about the future.But the main economic measures rose,overcoming the effects of the trade war with China.However,it attacks cut in large increase in the national debt ,guarantee that Interest payment will take up an increasing share of the federal budget.At the same time,if there is any sign of weakness in the U.S.'s economy ,but U.S. central bank,the Federal Reserve, could find does not have the tools to influence events.
      Trump promised to create more jobs  but he can't paint for the  presidency in 2016 . The U.S. burial of labours statistics reports the country has added about 6.8 million of them since then.
      During Trump's first two years in office ,economic growth rose sharply. Between 2011 and 2016 ,the growth domestic product ,GDP,increased by about 2 percent each year.In Trump's first two years,that average increased to 2.9 percent.
      In2019,however,GDP appeared likely to end the year at 2.1 percent rate of growth.Economists suggest slow down is a partly the result of American's policy in international trade.In2019, Trump escalated  a trade war with China.He plays  terrors on hundreds of billions of dollars worth of imports ,so China ordered terrors on import from the United States.As a result,Americans have paid tens of billions of dollars more for Chinese products. Then they would have without the terrors and U.S. exporters have suffered businesses lassis.The money that comes to the U.S. government from the higher terrors has gone to the farmers,whose products have been affected by the Chinese terrors.
     Trump announced on early December that he would order terrors on still from Brazil and Argentina.He also promised to put a 100 person terrors on some imports from friends.Clearly,the president is not backing away from his decision.


     Economists say other experts will warn that the stuck market is not the economy and they are correct.But stuck presses do show that infasters believe the economy will continue growing because they have continued to rise.  In early 2019,the financial markets were coming off a period of unrest.But while there is a future growth left as years continued.
  
     Major markets show year to day returns of between 20% and 25% through early December.Inter straight have been part of economic concerns since before Trump took office.With the economy growing,an uner plainment decreasing ,most Americans expected to vegas would rise. That would drive a presis and lead to higher inflation.


    But that did not happen while the economy was adding millions of jobs  ,vegas did not grow.And inflation has been below to percent .During a long period of economic growth,the federal government  usually sets a side a lot of money or pays off its debt . But under Trump that has not happened.Instead,the U.S. federal debt has increased every year and is now more than 22 trillion dollars.The increased debt worries people because of the share of the federal budget that must be used to pay  interest.


     Experts warn that amount will only grow if the United States enters a recession.
      I'm Susan Shaned.
     


                                                   
This post was generated by put listening repetition system,  Check the original dictation thread!
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