ECO203 Week 3 Discussion 1 Government Fiscal Policy

The economics and political science, fiscal policy is the use of government revenue collection and expenditure to influence the economy. In 2007 and 2009 the U.S.A economy experienced dangerous with the federal government passed a stimulus package it was to help the effort to stimulate for the economy.

Over the years lack of carefulness when the government changes the levels of taxation and government spending,money in give away a lot of money to bail another country out of debt in it influences aggregate demand and the level of economic activity

the economy over the course of year deal with the fiscal of business policy and it usefulness of our government that spending on taxation to influence the power of the economy. The Governments typically use fiscal policy to promote strong and powerful government.

According to Amacher & Pate, J. the Economic Stimulus Act was to take back the USA a contraption called American Recovery ACT and Reinvestment Act for the Worker,as well for homeownership and Business Assistance Act.After the 9/11 attack in other things that went wrong .

Some people look at the stimulus package as a successful, looked-for an understanding of how the government in president do they do they duty like President Bill Clinton was aware that his proposals had to be base on winner term it had to clear up Bush mess up .

The bill Bill Clinton he proposed a modest ($16 billion) stimulus package in the Bush proposal was at 1.7 trillion and Obama was at 700 billion but it looks like trump going to win because of his proposals better in this lifetime because everytime on the news or when I am reading something he is crying in selling dreams just 4 the wall trump in his wall will cost more than all them other package serve.

If left alone, I believe the economy would have corrected itself as suggested by Classical economic theory?

Because the USA economy had better days would be if guided by Classical theory because of it better shape today The USA back in the days had a lot of country in our debt but now they own us now So the question at hand is, was the US better off when Clinton was in Office, then we are now the negative effect on government borrowing for private investment major corporation investment .

The effect of different policies it had increased the size of the budget deficits and the national debt for the federal government in the credit of a good job market for private in. public job market try to credit job in the stimulus package but the thing did not work out a planned National Debt become more Investment for another country to bail us out of debt Trillion in billion dollars was deficits to return, national debt to rising for projects .

                                                      Reference 

Amacher, R., & Pate, J. (2012). Principles of Macroeconomics [Electronic version]. Retrieved from https://content.ashford.edu/ This text is a Constellation™ course digital materials (CDM) title.