Global Impact on the United States Economic Bailout and Stimulus Package

Analysis of the US Economic Woes

Before the globalization of trade, economic and financial problems were limited to individual countries or economies. But with globalization, the United States’ economic problems have trickled globally to other countries. The bailout and stimulus package are suppose to “jolt” the sagging economic troubles that have caused massive unemployment and may take a global “level sought” to adequately contain the economy. A good analogy for the stimulus package is like trying to heat up a house with a lot of holes in it, as you turn up the heat, the house continues to get cold because of the leaking surface. The leaking surface here is the global boundaries, and the outer side of the house is other countries. Hence, as water seeks its level, so will the United States’ economy. Therefore, it may take the economic settling of other countries to put a halt in the United States’ sagging economy because any stimulus to the mainstream or bailout to financial or non-financial institutions quickly leaks or gets transferred to other countries in form of globalization. Thus, it may take economic saturation of other countries to bring the United States’ economic and financial problems to a manageable level.