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  • Reagan Tax
    1,387 words
    The Reagan Tax Cuts and Foreign Policy During the 1980's President Ronald Reagan's (our 40th president from 1981 to 1989) domestic policy of a substantial tax cut led to greatly increased economic prosperity for our country. During Reagan's administration marked changes were made to the tax code and economic statistics showed a major change for the better. However, at the same time, the Democrats controlled the Congressand continued increased spending against Reagan's wishes. The Joint Economic ...
  • Fiscal Policy Deflationary Fiscal Policy Deflationary
    1,412 words
    Fiscal Policy - Fiscal Policy as a Supply-side Tool Supply-side policies are policies that aim to increase the capacity of the economy to produce. Fiscal policy usually acts on the level of demand in the economy and the deflationary and reflationary policies on pages 2 & 3 are often known as demand-side policies. However, it is also possible for fiscal policy to act on the level of supply as well. Income tax will always have an effect on people's incentives to work. This will be true at most inc...
  • Taxes
    356 words
    Difficult Decisions Dear President Bush and Congress: I have written you to discuss our national budget and the inherent problems in our fiscal policy. Although I am not the best informed on this subject I think my opinions and ideas are relevant. I have several ideas for both raising more capital and lowering government expenditure. I believe action must be taken on both fronts to curb our national debt before it adversely affects our economy. I will first share my ideas on lowering government ...
  • Administrations Of The Last Seven Business Cycles
    3,088 words
    MACROECONOMICS: The Effects of the Politics on Fiscal Policy over the Last Seven Business Cycles Jennifer Johns Principles of Macroeconomics Dr. Jean-Ron Lafalaise, DPA April 22, 2004 Abstract Being an election year, all you hear is the incoming presidential nominee bashing the policies of the current president. Of all of the administration policy, his economic stance, the health of the economy under his administration, and this fiscal policy are among the most prevalent. Does the possibility of...
  • Supply Side Policy Period
    2,740 words
    Fiscal policy refers to government purchases, transfer payments, taxes, and borrowing as they affect macroeconomic variables such as real GDP, employment, the price level, and economic growth. When economists study fiscal policy, they usually focus on the federal government, although governments at all levels affect the economy. Fiscal policy and government policy are related to taxation and public spending. Fiscal policy and monetary policy, which is concerned with money supply, are the two mos...
  • Support For Monetary Policy
    978 words
    The United States government has many jobs and responsibilities that they must deal with every day. The role of the government in the American economy reaches well beyond regulating industries. They perform other tasks, such as; printing money, creating an operating budget, and most importantly, managing the overall pace of the economy, while trying to keep high levels of employment and stable prices. The government has many options available in dealing with the problems of a fluctuating economy...

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