The largest economy in the world

The United States of America is a federation of 50 states into a single sovereign state, constituted as a constitutional federal republic, and its capital is a federal district. It has an estimated population of 330 million and an annual per capita GDP of $68,308. Its currency, the United States dollar or US dollar, is the most traded currency in the world. The United States is the largest economy in the world with an estimated GDP of $22.997 trillion. The second largest economy is China with an estimated GDP of 17.458 billion, followed by Japan, Germany and the UK from a distance.

Added to its neighbors are Canada (population 38.2 million, annual GDP $1.991 trillion, per capita GDP $52,791, ninth economy in the world) and Mexico (estimated population 129.1 million, annual GDP 1.294 trillion, GDP per capita $10,166, the 15th largest economy in the world) in the geographical area of ​​North America is the largest economy on the planet.
Guatemala, with a population of 17.11 million, a GDP of $85.99 billion and a per capita GDP of $5,076, which is the border country of this large economic region, is always subject to the influences of the economy, especially the United States and also to its own. Decisions and the political cycle. There is a lot to do in Guatemala.

In the media and social networks, the outcome of the presidential midterm elections is in the news mid term, in which governors, senators, and members of Congress were elected. The prediction was that the Republican Party would win the majority of seats in the Senate and Congress, as a result of President Joseph Biden Jr.’s low popularity due to his mistakes in economic matters, the repercussions of inflation and interest rates, and his mistakes in international politics. The result was that the Democrats, in the Senate, with fifty voters (half of them) in addition to the votes of Vice President Kamala Harris, maintain control, while in Congress the Republicans regain control by obtaining the majority of representatives.

Historically, Democrats have economic theories based on large governments, high public spending, and high tax rates, while Republicans are the opposite. Since the Barack Obama government, differences have increased due to Obama’s liberal agenda, which has created significant polarization in the country. With the advent of the government of Donald Trump by the Republican Party, the polarization has become more evident, given the difficult path of restoring conservative positions, the characteristics of Trump in his messages and with a large part of the population getting used to the beneficiary of the Obama government. The election of Joe Biden over Donald Trump, two years ago, marked a watershed in doubts about the results of the electoral system that was marked by dealing with the pandemic and Biden’s mistakes in the economy (inflation and interest rates, to name a few). Republicans poll back control of the legislature and most of the provinces.

There is a big winner for the future of the Republicans and the United States, in my opinion, and that is the re-elected Governor of Florida, Ron DeSantis. He won 59.4% of the vote, nearly 20% more than the Democratic nominee. DeSantis is a 44-year-old native of Jacksonville, Florida, a Harvard-educated attorney, military, and politician who has already passed through Washington, D.C. He was a member of Congress in 2012-2016, and 2016-2020, but resigned in September 2018 to focus on his campaign for office. the ruler. He is very popular in Florida, mainly for his wise handling of the pandemic and advocacy for investment and economic development in the state.