| | In November 2010, in an attempt to keep interest rates from rising and snuffing out the nascent recovery, the US Federal Reserve Bank (The Fed) announced that it would purchase $600 billion worth of US Government bonds by June 2011. | | In November 2010, in an attempt to keep interest rates from rising and snuffing out the nascent recovery, the US Federal Reserve Bank (The Fed) announced that it would purchase $600 billion worth of US Government bonds by June 2011. |
| | + | However, in November 2017, President Trump signed the [[Tax Cuts and Jobs Act]], promoting in-nation jobs, lowering the sky-high tax rate of 35% to the moderate rate of 20%, and less government regulation of the economy, allowing the US economy to flourish. |
| | The United States is the leading industrial power in the world, highly diversified and technologically advanced; [[petroleum]], [[steel]], motor vehicles, aerospace, telecommunications, chemicals, [[electronics]], food processing, consumer goods, lumber, mining. | | The United States is the leading industrial power in the world, highly diversified and technologically advanced; [[petroleum]], [[steel]], motor vehicles, aerospace, telecommunications, chemicals, [[electronics]], food processing, consumer goods, lumber, mining. |