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provide examples from current economic news about this macroeconomic policy debate, and comment on the nature and tenor of the discourse sorrounding this debate. Hello
provide examples from current economic news about this macroeconomic policy debate, and comment on the nature and tenor of the discourse sorrounding this debate.
Hello Class- I chose the macroeconomic debate over whether the government should stabilize a recession with increased government spending. I feel that the government should stabilize a recession with increased government spending. I was a sous chef during the last recession in 2009. I had approximately 45 percent of my 401k wiped out. The government went to help bail out big business and there were headlines soon after about new decor the presidents of these companies had bought using the funds, they had been given to help their businesses. I feel that while the money was needed, the lack of oversight compounded to the problems that were faced in the future. We've learned that government spending directly affects aggregate demand which in turn impacts unemployment, and therefore consumption. I feel that the costs incurred are worth not having a recession every economic cycle. I hope everyone has a great week and enjoys next week offStep by Step Solution
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