Purchase Solution

National financial policy programs to address problems.

Not what you're looking for?

Ask Custom Question

Which national financial policy programs are best for addressing the problems in the US economy today (unemployment and recession)?

Purchase this Solution
Solution Summary

The solution explains which national financial policy programs are best for addressing the problems in the US economy today (unemployment and recession).

Solution Preview

First we'll address recession, and the national policy programs that are the most effective during times of recession, and that have shown current success. One of the most effective ways to fight against recession, even when the country is in the middle of a recession, is to introduce a stimulus package as national policy. This is what happened during the 2008 - 2009 recession, and it is again under consideration for 2012. Many states have continued to receive stimulus checks, which mainly were received in the states that have maintained the lowest income levels and that have been slower than the other states to come out of recessionary status, when judged on economic factors alone.

Essentially, stimulus packages are effective because they put money back into the economy. The President signs a stimulus package for billions of dollars. The 2008 act alone cost over $152 billion. When a taxpayer files their income taxes, the stimulus generates a tax rebate, which means that even if the taxpayer owes money, the taxpayer still gets a check in the amount of the stimulus payment, as money directly to the taxpayer, regardless of other tax circumstances. The idea of the national policy program is that the taxpayer then takes that money and spends it. It goes directly back into the economy.
When this happened in 2008, many taxpayers used their stimulus checks to catch up on mortgage and rent payments, to pay bills, to buy groceries, and so on. The stimulus puts ...

Purchase this Solution
Free BrainMass Quizzes
Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

View More Free Quizzes
Related BrainMass Solutions

  • Was Hashimoto's reform programs feasible?

    48305 Japan's Financial Reforms -The Hashimoto Era and Structural Reforms- Was Hashimotos reform programs feasible, strong enough to keep control over his reform proposal and did it address the problems Japan was facing?

  • Adult Education Internet Sources

    Especially since problems with the national (as well as global economy) cause more adults to think about returning to school, these three areas must work together to enhance higher quality and accountability.

  • Health Issues and Outcomes

    *The PLNDP Policy recommendations and focus The PLNDP policy lists benefits to address adolescent drug abuse that include: (a) effective methadone treatment, (b) steps to educate families, adolescents and individuals, and (c) community programs and

  • Healthcare Policy and Key Areas

    Practice Environment Looking at these five key policy areas and the problems and unexpected obstacles encountered in an effort to strategize in the issue of HIV/AIDS, what are possible etiologies and solutions for these problems?

  • The failed war on drugs

    Are there any problems with ONDCP's goals or objectives? Why? The problems with ONDCP's policy is that it doesn't address the fact that adults will continue to engage in drug use as they have done since the dawn of mankind.

  • Juvenile Justice Front-End Programs

    address problems within juvenile justice.

  • Public Health Spending: Advantages/Disadvantages

    The biggest advantage of public health spending is the ability to provide large amounts of money to address national concerns of immediate health problems, which particularly help low income communities.

  • Anti-Doping

    Below are three well known national and international programs with a common goals of preventing doping.

  • National Environmental Policy Act and Government Entities

    Instead of doing research itself, the role of the CEQ should be to catalyze for scientific agents and universities to address critical environmental problems. The CEQ needs greater direction from Congress as to the appropriate use of science.

View More Related Solutions