Who controls the USA economy?
458344
It used to be Ronald McDonald.\n\nCould now be Bill Gates.\n\nI don't think its the tooth fairy
110301
Fed Reserve, but really the major corporations.  They control everything with their bucks.
481
US is recognized for its economic might all over the world. However, after the recent 'Weapons of Mass Destruction' propoganda and invasion on Iraq, it has lost its images in the eyes of the intenational community, making its economy facing serious challenges. This down-trowding started after 911 and seems to have continued after wards. \n\nAnother point is that if US economy gets disturbed, the global economy does recieve the after shocks soon. I hope the situation improves soon.
1011138
welll, yes, but when the usa self destructs, who is gonna buy all that stuff?  chinese peasants who make a dollar a day?
74549
Assuming that you're speaking of government, there is an executive at the head of every geographic subdivision (i.e., country, state, county, city/town/borough).  In the U.S., these are the president, governors, and mayors or city managers.  they essentially manage a huge staff of people whose function it is to oversee the safety, health, education, and social welfare of the people who live in the "subdivision" (called "constituents") and execute all functions that keep these areas appropriately afloat.
336701
Believe it or not the Chinese are making it work, and work quite well. With their one child per family and population control, they have started to create a society of geniuses, scholastically. They also have America & Russia working for them right now to industrialize their Country through America & Russia's un-controlable greed, and capitalism. Setting back and waiting was the obvious right move. America owes them trillions of dollars, and China id using that to control the trade industry of the World now. It's America's greed to slave labor that America can't provide that has been destroying our economy in the last 10 years. Outsourcing is going to be our ruin.
1020524
i agree 100%.  the creation of the fed and the subsequent dumping of the gold stantard has led to a loss of purchasing power of the dollar on the order of 98%.  the income tax is illegal so he wont find anything in the constitution about it.  and if you think there wont be any exchange controls anytime soon in the US, you better remember roosevelt's confiscation of the people's gold in the early 30's.  it'll happen again.  we have been heading in the wrong direction for too many years......
816815
The US is a strong, prosperous country. If the desire was there to take ove the world as other countries have throughout time, it could potentially be done. The thing is - the desire isn't there. The US runs on the principles of democracy, free enterprise, and freedoms. If the US took over the world, it would become either a totalitarian society or a dictatorship, two things we have looked down upon for decades. The United States is already one of the most prosperous countries in the world, one which believes in free enterprise [having a rich, poor, and middle class - much like a social hierarchy]. If the US was so determined to become the most wealthy country in society, it would go against its principles [which date back to the Declaration of Independence] of free enterprise. \n\nThe mear thought is silly, my dear. Silly.
64719
This is a really WIDE-ranging question, and it's practically impossible to give you a good answer that's practical for use. Fed Reserve prints money, essentially, "increasing the money supply" (counterfeiting) on demand. It is private, yet govt controlled. The govt simply placed it in "private hands" so they could get away with their political sleight of hand without having to worry about the Constitution. The IMF, of which the US is a member with about 17% of the clout, loans federal reserve funny money and usurious rates, then, eventually, puts anyone small (only large companies can afford usurious rates) out of business, out of house, home, food, and everything else. Ask Jamaica. The federal govt, in taking us off the gold standard, has sentenced the US to eventual economic death.\n\nGo to the web and search for Liberty Dollar. You can trade $10 in federal funny money for real silver, and $1 for silver certificates backed by real silver. If enough of us used this, we could make the US financially solvent again, over the years.
989280
Both parties will tell you that the economy is sound. Bush says inflation is under control. How can this be true? Everything that I buy is from and Atheist / Communist China. Low quality Junk. Yet it cost more than before. Gas prices are up . Groceries and efreight has gone through the roof. I don.t trust any politician or media anymore.
1127448
No matter who the president is we would have this problem.  The president is the commander and chief of the armed forces, Ben Bernaky (and formerly Alan Greenspan) is the Fed Chairman and they control the economy.  Our dollar issue stems from being off of the gold standard.  On top of that the trade deficiet that congress (not the president) is causing.
865206
dont just except  what you see in main stream media .joseph stiglitz a chief econemist ,vice president of a world bank ,anobel prize winner came out about a week ago  saying that the world economy is going to see dark days and probably crumble in the next 24 months .in the states the federal reserve is run by private banks who print money when ever they feel like it ,there is no law in the states saying you have to pay income tax all fraud yet they have men whith guns  in the I.R.S that can arrest you WHEN THERE IS NO LAW?.the u.s. economy is being proped up and when it collapses this will have far reaching affects and this is a tiny piece of the big picture.heres a phews links to docu/films i think you would be interested in that are connected to this subject:\n\nterrorstorm:a history of government sponsored terrorism\nhttp://video.google.co.uk/videoplay?docid=-\n5948263607579389947&q=terrorstorm\n\nAmerica freedom to fascism: goes into the federal reserve ,the income tax law that doesnt exist and the global elite.\nhttp://video.google.co.uk/videoplay?docid=-4312730277175242198&q=america+freedom+to+facism\n\nthis interconects with your question especially the latter docu/film.
873488
Article I of the US Constitution gives Congress the power "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures."\n\nThey oversee the treasury and decide how much money to print with the assistance of the US Treasury Department.  This is done based upon economic forecasts, the value of the dollar verses other currencies and the need for the money.  They may want to print more money to create inflation (which lowers unemployment) or limit the money to create savings.\n\nThey also print money to compensate for the money that is being constantly taken out of circulation (you trade in a ripped dollar at a bank and they destroy it and print a new one to replace it).\n\nThe Federal Bank handle fiscal policy (such as interest rates and borrowing guidelines), not monetary policy (how much to actually spend).
109835
the federal reserve bank sets monetary policy.  the most important of these policies, the interbank federal interest rate, controls how much it costs for regular banks to borrow money.  this in turn controls how much money there is floating around in the economy, which affects inflation and economic growth.\n\nhere is more information about how the chairman is selected and the responsibilities of the federal reserve board:\nhttp://www.federalreserve.gov/pubs/frseries/frseri.htm\n\nhere is a good site to learn more about how the fed works and why it exists:\nhttp://www.federalreserveeducation.org/fed101/structure/
59701
Economic policy is really controled by the Chairman of the Federal Reserve (Recently, the Great, Alan Greenspan. . . soon to be Dr. Ben S. Bernanke).\n\nOnly the President can appoint the Chairman of the Fed.  The position is a term of 12 years, which after expiration can be renewed by the sitting President.\n\nSo, if the real controler of Economic Policy sits for 12 years, republican and democrate becomes insignificant.\n\nFurther, the economy runs in cycles.  A typical economic cycle lasts 30 years, and a complete overhaul of the economy typically happens every century.  \n\nNow, these parties do have governmental influences that change the economy...government spending.  Well, both parties love to spend the money.  \n\nRepublicans like to spend money for roads, justice, military, and legal issues.   Their moto is to keep government out of Americans lives.  When money is spent on any of these, we the people see our lives get better. (Watch the history channel. . .military marvels).  Republicans want the private corporations to spend corporation money on Democratic issues (social, enviromental, and human rights).  This is why Pres. W. Bush is using his father and former Pres. Clinton to raise money for the tragic event in 2005.  \n\nDemocrates like to spend money for social issues, enviroment issues, and human rights issues.  Again these are noble and worthy causes that come back to benefit the American public.  They also need to spend money meeting the basic principals of Republician spending (Road, Justice, Military, and Law).  Thus, Democrates often overspend.\n\nI prefer Republicans, because I want small government.  I also see companies like Microsoft contributing to human rights issues. . .I have hope for the world especially with the Republicans.
466071
Everything done by the US Government is protection of some capitalist interest or another. The Cold War, Iraq, The Gulf War, and the Bay of Pigs invasion are all examples of that. The people dont run the USA, the large corporations do.\n\n\npeace
72976
China has already taken over they have been buying American bonds for years and, in theory, they own our country.\n\nYou can fool some people some time but, you can't fool all people all the time.  The world has caught on to the trickory. and if the U.S. don't capitalise on their new scam of the global marketplace, the only thing that may save us is that our government wants to rule at all cost.  And that my not be a good thing.