US ECONOMY (Institution Name (Department Name (Students Name (Students bite (Instructors NameDecember 7 , 2008IntroductionWhat is ailing the US economy at the flash is almost similar to the great depression they say . With a new president waiting to take over mightiness , he faces the biggest challenge in the form of resurrecting the economy . His success in salve America from another depression allow for be written in history books . Now the doubt is how can he make history by saving us from the looming danger ? This offers advice to the president elect on close to of the best macroeconomic tools he can use in enhancing economic vitality at the momentFiscal policySome of the fiscal policy measures undertaken by the current Bush administration have been the cutting of taxes to annex money supply in the economy for consumption .
This is intend at increasing consumer demand which will trigger change magnitude ware by firms as they step up their production in to meet the increase demand . According to Hailstones (2000 , the opinion is meant to increase employment levels and trigger growth of the economy by dint of the multiplier effect . Though the Bush administration seems to be doing the same the stimulus has not been enough . He says that the using up needs to be large in for it to be effective . Tax cuts have had their most minimal effects . sparing theorists suggest that expansionary monetary policies such as tax cuts and increased government expenditure are the best tools for fighting a...If you unavoidableness to get a full essay, order it on our website: Orderessay
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