Problems in the economy

Unemployment

• The number of people who don't have a job 
• Cyclical unemployment
• Frictional unemployment
• Structural unemployment
• Seasonal unemployment

Inflation

• General increase in prices 
• Purchasing power
• Price level

Poverty

• Not having money to purchase the necessities 
• Poverty threshold- income level not enough to support family 
• Poverty rate- Percent of people below poverty line

Healthcare

• Medicare accounts for 15 percent of federal budget
• 21% of national healthcare spending
• Increase in medicare and medicaid

Dollar valuation

• Higher money supply cause inflation
• Raise interest rates
• Lower purchasing power
• Everyone will be poorer

Energy

• Economic growth depends on energy
• Energy stalemate
• Lower the cost of energy
• cut trade deficit
• Increase domestic jobs