Government Spending
With roughly 309 million inhabitants the U. S is the 3rd largest nation on the country. With such a large population, the U.S is in the forefront of new world trends. Recently the World economy has gone on a downturn and the U. S was among those countries affected. Many of this economic slump can be attributed to the decline in household income and household expenditures with an increase in government expenditures to compensate. The average age of the U.S population has continuously gone up since the 1960’s. Many people agree it has to do with the huge population growth during the baby boomer generation. “Baby boomers” are considered to be those people born between 1946 and 1964. With the age of the baby boomer generation growing into retirement there is a steady decline in household spending. The current median age of the U.S population is 36.7. The U.S economy in the past has come to depend on the high number of workers in this generation to keep household expenditures up, causing the economy to rise and fall with this very fragile generational curve. This steady decline in household expenditure has forced the government to look for a new way to stimulate economic growth.

The Chart above shows the increase of Government spending over a 20 year period (Overall Federal Spending). The U.S government has to stimulate the economy by increasing government expenditures. This graph shows that spending will continue to increase until 2015. The government hopes that with this increase in money in the market, consumers will follow suit and begin to invest in the economy. The increase in total budget fundamentally means an increase in each division of the government as well as new government opportunities. This new discretionary budget increase opens up many doors for consumers to become more heavily involved in government funded programs. One