As the crisis hit the US remained quite competitive with many companies performing strongly in international markets so the economy is technically out of recession for 6 years. What qualities could you name that drive people to achieve such high results?
What is remarkable dynamism, resilience, willingness to restructure and move on.
100
Thousands of Americans still have no access to adequate health care, and are not insured. What is the health plan recently put into place in hopes to fix this?
What is Obamacare
100
What's happens when your asset bubble pops and you realize there is a missing digit from your wealth? (America in 2009)
What is more investment in acquiring better skills for better jobs.
100
The emergence of which countries as global economic players are causing deep fears for U.S. jobs and wages?
What is China and India?
100
Between 1948 and 2015 what was the smallest and highest unemployment rate in the US? 2.3%-12.8% 5.83%-7.9% 2.5%-10.8% 4.5%-5.0%
What is 2.5%-10.8%
200
Up until the financial crisis of 2008 the US economy has performed exceptionally well due to ever strong commitment to competition and free markets. How much percentage of the World GDP were the US accounted for before the outbreak of financial crisis?
What is (approximately) 20%
200
The job training system is ineffective and poorly funded.
True or False
True
200
As America deserts its big houses with lawns and moves from the suburbs to the urban center who is happy and why?
What is environmentalists.
200
Which region has China replaced in terms of importance for global economic growth?
What is Europe?
200
According to the Global Presence Index, which is the most powerful country? Germany, US, UK, China
What is the USA
300
US has an unparalleled environment for starting new companies and entrepreneurship. It is fed by a science, technology, and innovation machine that is best in the world. How many patents are registered on an annual basis in the US patent system? 80,000 25,000 65,000 150,000
What is 80,000
300
What is increase of the Federal Debt increase since 2008?
30% 70% 55% 45%
What is 70%
300
Which region should the US invest in?
What is Africa
300
Despite falling oil prices, why is it tougher for American energy producers to pump homemade shale oil and gas out of the ground?
What is higher oil production costs than Saudi Arabia?
300
How much was the US’s GINI index in 2013 ?
(between 25-55)
What is 41.1
400
Due to an exceptional rate of new job generation, unemployment in the US has hit one of the lowest levels in OECD countries. How would you estimate current level of unemployment?
What is 5.7%
400
What are some of the cumbersome items on the USA job market?
What is high turn-over, expensive higher education and poor quality primary education, skills gaps, regulations, trade barriers.?
400
Other than in a beer bar, when is it time for bottoms up?
What is unemployment benefits?
400
In which area US is likely to lose competitiveness if investment is not increased?
What is R&D
400
Put them in decreasing order, what is the unemployment rate within the different races in the US? Whites, Blacks, Hispanics, Asians
BWAH BHWA BHAW BWHA
What is B 9.2%, H 6.3%, W 4.4%, A 3.5%
500
There really is not a single US economy but a collection of specialized regional economies. Each state and region takes responsibility for competitiveness and addresses its own problems rather than waiting for the central government. How would you call this practice which is essentially the greatest hidden competitive strength?
What is high level of decentralization across the states?
500
The US doesn’t deal with all their policies on a federal level, congress and executive branches often don't agree on many matters, which hurts the economy. What is the US lacking?
What is long-term and coherent strategy
500
Though the standard of living has improved, many American still feel they are unhappy, what must improve for this to feel this improvement?
Who is inequality
500
Some people state that the US recession recovery was actually a “Bubblecovery”, mostly being artificially created without strong backing. Which areas would the US need to improve to be considered a strong recovery?
What is housing and a real pick up in wages (not just through volume)
500
Name 5 items that are in a typical thanksgiving dinner.
What is turkey, gravy, mash potatoes, yams, rolls, pie, stuffing, cranberry sauce