Question 11.1 Read the following articles http://www.brookings.edu/dybdocroot/views/articles/gale/20011008.htm http://www.heritage.org/shorts/20011107stimulus.html Note the differences of the writers
in terms of the where they see “the biggest bang for the buck” and discuss
whether a stimulus package intended to boost an economy should have a short
term focus or a long term focus. Question 11.2Click on the following article http://www.epinet.org/webfeatures/viewpoints/tax_cut.html Note that this article appeared
before the onset of the 2001 recession and before the 2001 tax cut was enacted.
The writers had two main concerns 1) the lack of an “immediate stimulus,” and
2) the degree to which the wealthy would benefit from a tax cut. Evaluate how
convincing the authors were in making their case. |