micro essay 1 - Wisneski 1 The United States and most of...

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Wisneski 1 The United States and most of the world is currently patching up their economies after the recession to the once dominant economist power, the US, could be in for rocky roads ahead. The unemployment rate is at an all time high and do to this there aren’t as many consumers purchasing goods and services to help stimulate the economy. However, the prices of major everyday commodities are continuing to rise, meaning less money in the pocket of the consumer and more money in the pocket of the producers and the countries that produce their different goods. If this trend is going to continue than the economic hard times that some thought we starting to end, could be rearing their ugly heads again. The Economist, Back with a vengeance, The Economist, January 20 th , 2011. This article about the rising prices of commodity goods is based on the fact that with a country coming out of a hard time such as a recession, the higher prices of goods may cause the economy to shrink back into turmoil and unrest.
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