Current state of US economy based on the data)
Answer subsequent questions with using Department of Labour, Bureau of Labour, and Department of Commerce analysis of GDP. The Federal Reserve at:
Q1) Is the US economy in a recession, inflation, or pretty-much in equilibrium?
Q2) Explain your answer to Q1 Which is, give reasons why you believe which we are in a recession, inflation, or about as good as it gets.
Q3) Analyze if we are in a recession or inflation, please indicate illustrate what you would do if you had the power to fix the problem. In other words, would you raise tax, lower spending, increase the money supply, etc?