America's getting up there again.

So America's economy has been doing pretty good for the first quarter of the year. Our output expanded at a rate of 2.5% according to a Commerce Department report that was released last Friday. Economists were not that excited by the increase, for they had expected our output to increase at a rate of at least 3% for the first quarter. Economists are stating that the increase in our gross domestic product was due to our very slow increase at the end of 2012 where our output only increased at a rate of .04%. So even though the expansion of our output didn't meet expectations, the fact that it is still going up is still a very good thing to look positive towards.

Gun Control Bill Failed

So as we all know by now the bill proposing stricter back round checks that would make it much more difficult to sell guns here in the United States was rejected by the Senate. If the bill had passed the amount of guns being sold most likely would have decreased. The reason behind all these new gun control policies changing of course is due to the shooting that happened in Newtown not to long ago. Since the bill has not passed though, the amount of guns sales will be unchanged. This is a good thing in a way because the taxes on those firearms go towards the state and federal governments. At the same time however this bill not being passed will allow almost anyone out there to still buy weapons. So it's a good thing for the Economy but not a good thing for many Americans.

North Korea is really mad at the U.S. & South Korea

North Korea has been very upset with us lately. With tensions rising between North Korea and the U.S.   and South Korea, the recent testing of North Korea's missile program, the whole world has been on high alert. North Korean leader Kim Jong Un has made it clear that the conflict cannot be resolved peacefully and has sworn that The United States is their number one enemy. North Korea has done very extreme things recently including cutting off their nations internet access and taking 53,000 North Korean workers out of a factory where both South and North Korean workers work together. This action will seriously damage the North Korean economy. They pulled out these workers to prove that they hate the United States and South Korea so much that they are willing to hurt their own economy. If you ask me North Korea and Kim Jong Un really need to re-think think their latest actions and try for a peaceful resolution. I say this because if North Korea takes it as far as war they no longer have China backing them up and the United States, South Korea and all of their allies will dominate North Korea.