John Maynard Keynes Increasing government deficit and spending to stimulate economy FDR and the...
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Transcript of John Maynard Keynes Increasing government deficit and spending to stimulate economy FDR and the...
Federal Stimulus
History of Federal Stimulus John Maynard Keynes Increasing government deficit and
spending to stimulate economy FDR and the New Deal
More Recently Economic Stimulus Act of 2008- $170
Billion American Recovery and
Reinvestment Act of 2009- $787 Billion
American Jobs Act???? Solyndra
Obama/Democratic Viewpoint
Believes in government spending to stimulate Economy
Trying to pass American Jobs Act
Rick Perry Viewpoint Attacking American Jobs Act Cut Taxes – especially on small
businesses Establish incentive funds to
encourage hiring of employees Invest in education
Michele Bachmann Viewpoint
Cut Spending Reduce Taxes Stop regulation from EPA such as Cap
and Trade Simplify complicated IRS tax code
Mitt Romney Viewpoint Reduce
• Taxes• Spending • Regulation• Government
Programs
Increase• Trade• Energy Production• Human Capital• Labor Flexibility