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Part 2: Contemporary Political Issues- From 2007 to 2009 the United States experienced a severe economic downturn known as the Great Recession. The number of
Part 2: Contemporary Political Issues- From 2007 to 2009 the United States experienced a severe economic downturn known as the Great Recession. The number of unemployed people in the U.S. rose dramatically from 7.2 to 14.5 million, and millions more were considered underemployed. Use this information to assist you in answering the following questions. 3. Suppose that Senator Samuelson is a supporter of Keynesian economics; describe governmental policies she would likely propose as an appropriate response to the recession. 4. Suppose that Representative Milton is a supporter of supply-side economics; describe governmental policies he would likely propose as an appropriate response to the recession. 5. Suppose that Candidate Hayek is running for president as a Libertarian; describe governmental policies he would likely propose as an appropriate response to the recession. 6. Compare the similarities and differences between Keynesian and supply-side
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