Economics Help - Please?

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rmk2010.dexter

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~During the present administration, have the President and Congress raised or lowered taxes?
~Based upon the last 20 years, are interest rates presently considered high or low? What is the prime rate?
~How would you presently describe the status of the U.S. economy - Prosperity, Recovery, Recession, or Depression?
 
The tax rate is currently about the same as the previous administration but certain areas have had an increase in the tax rate. Interest rates are extremely low and the prime rate is at 3.25 percent currently according to the Wall Street Journal. I would describe the current state of the U.S economy as in a recession bordering on a depression.
 
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