Fiscal Policy
Date Submitted: 07/09/2004 11:41:35
Introduction
"As the nation addresses its defense, homeland, and economic priorities, however, growth in the rest of government must be restrained to prevent an explosion in spending. To achieve this goal, budget process reforms are needed. Greater efficiencies must also be demanded from government. This is a good idea at any stage, but is imperative in the current environment. By highlighting good and poor performers, this budget attempts to set such a process in motion" (
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indicator that can rise as the economy recovers, because employers are unwilling to hire new employees till they are convinced that the economy is recovering. A strong Fiscal Policy can often counteract inflation or unemployment that results from too much or too little spending in the economy.
References
Bush, G (2002). Budget Implications of the War [On-line]. Available: http://www.whitehouse.gov/omb/budget/fy2003/bud08.html
Unimodule (2001). UOP ECO 360 Unimodule Economics for Business I. :UOP.
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