Pretend as if you are an economist and explain your thoughts on whether the tax cuts from the past few years have been successful in promoting economic growth or in preventing a deeper decline? Are there other changes to fiscal policy that you feel would have been more successful?

Pretend as if you are an economist and explain your thoughts on whether the tax cuts from the past few years have been successful in promoting economic growth or in preventing a deeper decline? Are there other changes to fiscal policy that you feel would have been more successful? Need to answer both parts

US Budget Surplus Recomendations

Suppose that you are economic adviser to President Bush, "propose two actions that the administration should take if the budget is in surplus that will protect the surplus. Propose two actions if the budget is in deficit to bring it out of deficit. What would be the impact on the U.S. economy for each of your recommendations?"

Economic recession & political action

Assume that the economy is already in a recession, and both the President and Congress have decided to do something to restore the economy. Both agree that lowering taxes would not be a good idea, but do believe that it is in the best interest of the economy to increase government spending in defense, education & infrastructure. The President and Congress change the budget accordingly, but after 18 months, GDP only increased by three quarters of the expected amount. What factors might be responsible for this situation?

POLITICAL ISSUE

What should the government's role be with respect to regulating accounting firms in the wake of mismanagement and accounting irregularities? • Was the government slack? • What role do you think political figures played in the irregularities? • Were they involved in the scandal?

What policies were enacted during the New Deal contain finance speculation and turbulence?

The US was devastated by the Crash of 1929 and the following depression. What policies were enacted during the New Deal contain finance speculation and turbulence?