Part 1:
In this section we learned largely about Fiscal Policy. Inside fiscal police\y we learned about how we deal with too much expansion and too much contraction.. To deal with expansion we use the contractionary policy which increases taxes and decreases government sending; and visa-verse for contraction. We also learned about taxes. And that the government plans out a budget for the money to go towards each year.
Also learned about the "trickle down" or supply side, which is where tax cuts go to the wealthy and the producers in hopes that they will use the extra money to help out the poor, but we live in a selfish world and most of the time they will use it for themselves.
Part 2:
It's really hard to balance out that government spending. In order to get rid of the national debt taxes on everyone and everything would go way up and we'd have to cut some many good things out of the budget including funding for the military which a lot of people are asking for more money to go towards. And the tax cuts that everyone wants would happen seldom to never.
Part 3:
It's kind of hard to pick and choose because inflation has an effect everyone most of it is negative, struggling to pay for common household items and food. However struggling might be worth it if more of the homeless or unemployed are getting more jobs. But also unemployment doesn't take into account the homeless. There are some homeless people who do have jobs but can't afford what they need to stay in a nice home those people are counted in as employed, because they are, they just simply don't make enough to live a comfortable life. So I don't really have a set opinion on the at subject specifically but if we could find a way to help with unemployment AND homelessness then that's what I would want.
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