Bring HARD copy to class to hand in; AND Post in Class Messages
I Current Event Topic
The $880 billion stimulus –The American Recovery and Reinvestment Act
II Source/Reference/citation
http://knowledge.wharton.upenn.edu/article/nobel-laureate-paul-krugman-too-little-stimulus-in-stimulus-plan/
http://www.lexology.com/library/detail.aspx?g=c2b4d136-68b4-48c0-967a-3dae281b4b69
Carol Berkin et al. (2011).Making America, Volume X: X History XX the United XXXXXX: XXXXX 1865. XXXXXXX XXXXXXXX. pp.XXX–32.XXXXXXXXXXXXXX.
Alonzo L. Hamby, XXXX,For XXX Survival of Democracy: Franklin Roosevelt and XXX World Crisis of XXX 1930sXXXX 9780684843407
III XXXXXXX XX XXXXXXX XXXXX
The 111thXXXXXX XXXXXX Congress together XXXX President Barack Obama, XXX XXXXXX XXXXXXXX in order to XXXXXXX a XXXXXXXX XXX XXX economic depression XXXX XXXXXXXXXX XXXXXX XXXXXX XX XXXXXXX and XXX XXXXX, XXXXXXX in our XXXXXXX from XXXX to XXXX.
One XX XXX XXXXXXXX was the XXXXX XX The Xmerican Recovery and XXXXXXXXXXXX Actstarting from XXXXXXXX XXXX. It&XXXXX;s main XXXXXXXX XXXXXXXXX was to keep XXX XXXXXX XXX jobs in the economy, XXXXXXXXX a XXXXXXXX XXX XXXXXXXXXXX in XXXXXXX domains. XXX XXXXXXX XXXXXXXX XXXXX went from XXXXXX XXXXXXXXXXX XX private and XXXXXXXX investments.
XXX XXXXXXXXX XXX fiscal allowances granted XXXXX this XXXX XX laws can be compared in XXXXX XX XXXXXXXXXX XXXX XXX XXXXXXXX XXX XXXXXXXXX XXXXXXXX taken by XXXXXXXX XXXXXX XXXXXXXXX as a XXXXXXXX XXX the XXXXX Depression. XX XXX act XXXX 2009 was focusing XX XXXXXXX XXXX and fighting unemployment, XXX &XXXXX;New Deal&XXXXX; implemented XX Roosevelt XXX X XXXX keywords : Relief, Recovery, Reform.
Since 2009, the $XXX XXXXXXX stimulus XXX XXXX to XXXXXXX relief XXX XXX most XXXXXXXX XXXXXX categories XX XXX XXXXXXXXX, investments in XXXXXXXXXXXXXX in order to XXXXXXX XXX competitive XXXXXXXXX XX the U.S economy and new XXXXXXXXX for old XXXXXXXX XXXX XXXXXXXXX energy. As XXX the public sector, XXXXXXXXX and health XXXXXXX were XXXXXXXX XX XXXX act. XXXX examples: XX to $XX billion for XXXX infrastructure, $19 billion in XXXXXXXXXXXXX XXXXXXXX, $16 XXXXXXX in school modernization and XXXXXX.
Under &XXXXX;The New XXXX”, the U.S Government XXX set up XXXXX XXXXX XXX the economy, in order to encourage development, XXXXXX XXXXXXXXXX XXX XXXX XXXXXXXXX, XX XXXXXXX a new XXXXXX. XXXX XX XXX acts that XXXXX seem XX common sense or a XXXXXXX XXXXX or XXXX XXX everyone were set XXXX then. XXXX XXXXXXXX: Wagner XXX – XXXXXXXXXX employees XX create XXXXX XXXXXX for a better representation in XXX XXXXXXX, XXX Work XXXXXXXX Administration &XXXXX; XXXXXXXXX a job for almost XXXXXXXX, especially XXX-skilled persons. XXX XXXXXX XXXXXXXX, the XXXXXXX wage XXX the basic XXXXXX XXX workers, have XXXXX roots in XXXX pack XX XXXX XXX public XXXXXXXX.
IV How its XXXXXXX to XXXXX week or XXXX weeks XXXXXXX
When XXX $XXX XXXXXXXXXXXXXXXXXXXXXX to XXXX an XXXXXX on the XXXXXXXX XXXXXXX, the XXXX XXXXXX XXX XXXXXXXX XXXXXXXXXXXX was XXXXXXX XXXX. XXXXX 2009 until XXXX, XXX XXXXXXXXXXXX XXXX XXXXXXXX XXXX than X%. Getting the economy XXXX on XXXXX XX generating XXX XXXXXX averaged XX X.X%. Of XXXXXX XXXX this number XX better than a break-XXXX or even a negative XXX, but the former economical recessions were XXXXXXXX XX recovery rates averaging XX X%. We XXXXXX XXXXX XXX the &XXXXX;XXXXX” XXXXXXXX XXXX XX this XXX XXX it is well XXXXX XXXX XXX XXXXXXXXXX XX XXXXXXX an XXXXXXXXXXX XXXXXXXX XX XXXXXXXX XXXX a XXXXXXX XXX. “The XXX XXXX&XXXXX; XXXXXXX XX changing the XXXXXXXX environment at its XXXXX XXXXX XXX $XXX XXXXXXXX XXXX from 2009 was XXXXXXXX more XX XXXXXX the damaged or XXXXXXX XXXXXXX. I think that XXX hidden XXX XXXXXXX benefit of XXX stimulus XXXX XXX XXXXXXXX hyperinflation. XX uncontrolled inflation XXXXX make a XXXXX social impact.XX the inflation exceeds the XXXXXXXXXXX value:
- Individuals, XXXXXXXXX XXX XXXXXXXXXXXX XXXXX XXX XXXX a XXXXX part XX XXXXX fortune in money will XXXX purchasing power as XXXXXXXXX XXXXXXX XXX XXXXXXXXXX XXXXX.
- XXXXXXX XX real XXXXXX, stock exchange XXXXXX, XXXXXXXX XXXXX like XXXX, XXXXXXXX, XXXXXX XXXX gain purchasing power. The XXXXX XXXX of the XXXXXXX XXXX XXXX XX XXX XXXXXX XXXXXXXX access XXXXX goods.
- For XXXXXXXXX XXXX XXXXXX currencies, XXXXX XXXXXXXXX XXX XXXXXXXXXXXX XXXXXX in the society in an incorrect XXX. --- XXXXXX security and XXXXXXXXXXXXXX XXXXX become XXXXXX than the XXX XXXX from XXXXX, XXXXXX XXXXXX inflation.
- XX XXXXXXXX XX XXXXXXXX XX the pressure from XXX employees for rapid XXXX growth XX compensate the lost value XX XXX XXXXXXXX. XXXXXXXXX XXXXX XXX rise XXXX than XXX real inflation rate.
- The employee can XXX XXXXX XXXXX XXX XXXXXXXX with the XXXX amount of money.
X Why XXX XXXXXXXXX to you, +/or XXXX XXXXXXX, +/or XXX XX Economy
The XXXX enemy XXX the inflation, more than the unemployment. They XXX very XXXXXXX XXX XXXXXXXXX XX together in a negative XXXX, XXX workforce can XXXXXXX XXXXXX XXXX productive XXXXXX. XXXXX this Act, XXX XXXXXXX is again XXXX XX track XXX I XXXXX a “XXX Deal&XXXXX; XXXXXXXX would have been XXXX XXXXXX. XXXXX XXXXXXXXX XXX its XXXXXXX and it is the XXXXXXX way to grow or XXXXXX during XXXX. XXXXXXXX from XXXXX recession is XXXXXXX for preventing a XXX XXX. The only XXXXXX XXXX can XXXX XXX theory upside XXXX XX XXXX XXXXXXX XX XXXX changing its own rules. XXX example, manufacturing XXXXX for XXXX value XXXXXXXX XXXX XX XXXXXXXX in XXXX XXX the marketing and design XXXXXXX is still in the Western countries. XXXX means XXXX a XXXXXX XXXX XXX XXX in XXX XX” is XXXX possible to come. XXX XXXXX Exchange and Banking also XXXX XXX XXXXX and XXXXXXXXXXX but XXXX should be revised. Bailing out XXX biggest XXXXX XX XXX something XXXX everyone XXXX XXXXX XX they tend XX do XXX investments in XXX future. In XX opinion, the $XXX XXXXXXX stimulus XXXX be followed XX a “XXX XXXX”, in order to XXXXX a XXXXXXXX and XXXXXXXXX economy, XXXX a business environment adapted to XXX needs XX the current worker XXX entrepreneur.