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About France and USA and economy..

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Hello....

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About France and USA and economy..


I think that we have not to be pessimistic about France, because
look at its growth and look at its other economic indicators:

First look at the growth of France here:

"Today's growth remains lower than the one that prevailed during the 
period 1975-2007, with a rate of 2.1% per year on average," observes 
Yannick L'Horty, a professor at the university. Paris-East - 
Marne-la-Vallée. However, it helps to increase the number of employees 
in the private sector, "so that unemployment will probably start to 
decline, at a very measured pace . "

and look also at this about France:

According to Bpifrance's semi-annual business survey, published on 
Monday, 41% of small and medium-sized enterprises (SMEs) report 
recruitment difficulties, an increase of seven points over a year. This 
indicator has never been higher since 2002. This situation reflects the 
inadequacy of supply and demand for employment. The government wants to 
remedy this , through its Skills Investment Plan (CIP), which plans to 
train by the year 2022 two million low-skilled people or remote from the 
world of work. But, as Mr. Martin points out, this program "has not yet 
produced its effects" since it is still in its infancy.

Read more here to notice it:

https://translate.google.com/translate?hl=en&sl=auto&tl=en&u=https%3A%2F%2Fwww.lemonde.fr%2Femploi%2Farticle%2F2018%2F07%2F25%2Fle-nombre-de-chomeurs-a-augmente-de-0-1-au-second-trimestre-2018_5335727_1698637.html

So i think France is on the right path, and France must also balance the 
budget and i think that France is capable of doing it.

Also here is my other thoughts of what France can also do:

I observed more closely the model of for example the French system,
and I found that contrarily to England, for example the weight of the 
public service in France is much more than that of England,  so what 
can we also do in France to unlock  economic wrowth and reduce the rate 
of unemployment? i think there is another solution that is reduce the 
size of the state to increase public revenue too, and also "reduce" 
taxes, because it is agreed that a lower taxes mechanically stimulates 
growth by the effect of the "multiplier "tax effect": indeed, it results 
in an increase in households or corporate profits, which favors 
consumption and/or investment, and therefore, indirectly, the production 
and employment, so it reduces unemployment.

I have to be more precise about USA:

I said before on my previous post that:

"At the monetary policy level, inject or withdraw a mass
monetary policies help to control inflation and to stimulate
the economy by credit which result in more overall spending which
it leads to economic growth and more investment which is beneficial for 
growth , except that monetary policy has a weakness if the borrowers are 
too much at risk of bankruptcy as was also the case in the united states 
in the crisis of year 2000. "

Here is the proof, read the following:

In 2001, when the recession hit the US economy, the Fed lowered the 
federal funds rate, increasing the liquidity in the economy. The 
borrowers were mainly those without jobs and income to back these loans, 
to buy houses. The easy credit plus upward spiral of home prices, made 
investments in high-yielding subprime mortgages increase further.

Read more here:

Reasons For The Late 2000s Financial Crisis

https://themarketmogul.com/reasons-for-the-late-2000s-financial-crisis/

So reread my following thoughts:

About offshoring and immigration and macroeconomics..

I am a white Arab, and here is my questions and my answers about
offshoring and immigration and macroeconomics, read my following thoughts:

Questions:

What do i think about offshoring and macroeconomics?

Answer:

At the monetary policy level, inject or withdraw a mass
monetary policies help to control inflation and to stimulate
the economy by credit which result in more overall spending which
it leads to economic growth and more investment which is beneficial for 
growth , except that monetary policy has a weakness if the borrowers are 
too much at risk of bankruptcy as was also the case in the united states 
in the crisis of year 2000.

Also the second lever is the Keynes tax policy:

Keynes recommends using an expansionary fiscal policy in case
recession: reduce taxes and increase the state. In case of inflation, he 
recommends doing the opposite.

The other criticism I make on the far right political parties, is that
the far right makes us think offshoring as being just bad, but I do not 
agree with them, because read the following:

Offshoring increases demand for more workers
"qualified" and also have a significant positive effect on
productivity, in Canada it is an increase in the "productivity" of
order of about 10%, also according to some recent research
the Offshoring of materials and services have both a
positive and not negligible effect on productivity.

When it comes to the repercussion on employment, the majority of 
empirical studies suggest that the general repercussions of offshoring 
on the employment levels are low (Amiti and Wei 2005, Mankiw and Swagel 
2006).

For proof, read the following document:

https://translate.google.com/translate?hl=en&sl=auto&tl=en&u=https%3A%2F%2Fwww150.statcan.gc.ca%2Fn1%2Fpub%2F11f0027m%2F2008055%2Fs6-fra.htm


And about immigration now:

Look at this following video about:

Why Does the USA Need More IMMIGRANTS?

You will notice that the West "needs" immigrants because they are also
good for economic "growth".

But please look carefully at the following video to understand more:

https://www.youtube.com/watch?v=DmRgnDrhE9o


Thank you,
Amine Moulay Ramdane.

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About France and USA and economy.. Sky89 <Sky89@sky68.com> - 2018-08-16 16:52 -0400

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