Jennnn: What happens when the government increases its spending to help people hurt by the recession?
1) What happens when the government increases its spending to help people hurt by the recession?
2) Do you believe that it is the role of the federal government to spend taxpayer money to create jobs? Why or why not?
Answers and Views:
Answer by Vlad III the Impaler
expect an ‘ OUCH!!!!!!’
taxes would have to be raised to gain the money needed for the increase in spending which would decrease people disposable income meaning they have less money to spend on goods or services
hurting the economy
it should be the governments role to create jobs with tax payers money but they have to find the correct account which wouldn’t hurt the economy while also providing the other services the government provide.
tax increases are not popular with the public so tax increases shouldn’t happen that often
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