We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Should I vote for a second fiscal stimulus bill - Essay Example

Comments (0)
In The General Theory by John Maynard Keynes, he proposes that the economy’s total income was, in the short-run, defined largely by the planned…
Download full paper
Should I vote for a second fiscal stimulus bill
Read TextPreview

Extract of sample
Should I vote for a second fiscal stimulus bill

Download file to see previous pages... l investments by performing two things: cutting taxes levied on households and firms, thus increasing disposable income, the money that consumers can spend on goods and services and increasing the incentives of creating new businesses; or it may itself spend more to increase the level of demand. Since a fiscal stimulus translates to an increase in government purchases, our focus is on the latter policy.
Now consider an increase in government purchases: An increase in government purchases increases planned expenditure, which then in turn stimulates the production of goods and services and thus increases income. In a pragmatist fashion, when the government spends to create livelihood projects, the number of jobs increases and so does the production of goods and services. This however has ramifications because as people have more income, their demand for products increase, thus they would want to spend more and save less. This in turn increases the interest rate to give people more incentive to save in banks. However, this interest rate however is the same interest rate that firms consider before borrowing money from the bank and investing in a business venture. And this is where the trade-off stems from because the higher the interest rate, the less likely firms will build new businesses and contribute to the increase in output of goods and services and, of course, to economic output or income. Hence, just by simple deduction, a fiscal stimulus really swings both ways in affecting our gross domestic product.
To put things in perspective, according to the United States Department of Labor, Bureau of Labor and Statistics, the unemployment rate decreased from 10.2 percent last October to 10.00 percent this November. Productivity increased from 6.9 percent during the 2nd quarter of 2009, to 8.1 percent during the 3rd quarter of the same year. Also, the U.S. Bureau of Labor and Statistics also reports a projection of total employment to increase by 15.3 million, or 10.1 ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
Fiscal Policy
The researcher with the aid of a diagram shows and explains how fiscal policy can be used to shift the aggregate demand. The study evaluates the effectiveness of the policy used and the appropriateness of the government’s fiscal policy stance. It explain the fiscal policy stance adopted using the 2010-11 Australian Government’s Budget papers and with the aid of statistics.
7 Pages(1750 words)Essay
3). Consistent with the framework, the United Kingdom’s fiscal objective over the medium term is to ensure that spending and taxation are distributed fairly across generations (HM Treasury 2008, p. 3). Over the short term, however, the UK government’s fiscal policy supports UK monetary policy so “automatic stabilizers” can smoothen the path of the economy (HM Treasury 2008, p.
8 Pages(2000 words)Essay
Stimulus Package
The Act was to respond to the 2000s recession in the United States (Bendavid et al, 2011). The law’s primary objective was to create and save jobs in the United States. The side objective was to initiate temporary relief programs for those Americans who had been highly affected by the recession.
3 Pages(750 words)Essay
How Will You Vote
I will vote in favor of Hampton Roads Jihad thus allowing them to proceed with their demonstration commemorating Osama Bin Laden’s birthday. Just like any entity, Hampton Roads Jihad is entitled to express their sentiments and ideologies in public discourse even if it runs counter to the belief of my constituents.
3 Pages(750 words)Essay
Fiscal Policy
The fiscal policy indicates how the government attempts to realize revenue, spending and managing the deficit. The macroeconomic goals of a government include high levels of employment and business activity, stability in prices and distribution of wealth and promotion of economic growth.
7 Pages(1750 words)Essay
Paper 2 : Vote Smart
Undeterred, he ran for and lost the 1976 congressional election for Oklahoma’s first congressional district. Finally, in 1986, Inhofe ran for and won the Republican nomination and general election for the US Senate to represent the first District of Oklahoma; a position he is retained until the present time.
3 Pages(750 words)Essay
The New Stimulus Bill
In order to analyse and understand the economic targets behind the bill, that has been declared as an historic chance for boosting up the US economy, we will have to study the views of economists over estimated impacts of the bill. How it would affect GDP, unemployment, prices
6 Pages(1500 words)Essay
$787 Billion Economic Stimulus Plan
ancial capabilities of the loan seekers and the changing life styles of the American public (spending all the money which they earn rather than saving) have contributed heavily to the current financial crisis. This paper critically analyses the current economic problem on the
2 Pages(500 words)Essay
Place Your Vote
The enactment of the Voting Rights of 1965 greatly changed the face of the American voting systems. Prior to this act, voting was a preserve of white males only who were property owners. Blacks and women were not allowed to vote. However, demonstrations organized by voting rights activists led to greater leverage that were contained in the enactment of the Act of 1965. 
6 Pages(1500 words)Essay
Emotional Stimulus
One example of emotional stimuli is a first date. This paper provides an explanation of the responses to emotional stimuli. The process of emotional appraisal is actually a theory, which contends that emotions come from the evaluations, also
2 Pages(500 words)Essay
Let us find you another Essay on topic Should I vote for a second fiscal stimulus bill for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us