Concerns over the recognition, administrative, and operational lags as well as the concern that discretionary fiscal policy is subject to political biases have caused some economists to believe Congress and the president should do nothing in the face of a recession. Even if they are correct, is it realistic to expect the public to embrace elected officials who do nothing?
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Anna Liza Gaspar
I don't think that it is realistic to expect that the public will readily embrace elected officials who do nothing in the face of the worsening impact of the economic ...
This solution discusses discretionary fiscal policy and political biases.