Writing question 500-600 words

Anonymous
timer Asked: Jun 2nd, 2019
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Question Description

Read the following two statements taken from a Forbes article in December 31, 2013.

Statement 1: "there is a certain crowd in Washington who, for the last few decades, have said, let's respond to this economic challenge with the same old tune. The market will take care of everything, they tell us. If we just cut more regulations and cut more taxes - especially for the wealthy - our economy will grow stronger. Sure, they say, there will be winners and losers. But if the winners do really well, then jobs and prosperity will eventually trickle down to everybody else. And, they argue, even if prosperity doesn't trickle down, well, that's the price of liberty."

Statement 2: "there is a certain crowd in Washington who, for the last few decades, have said, let's respond to this economic challenge with the same old tune. The government will take care of everything, they tell us. If we just pile on even more regulations and raise taxes - especially on the wealthy - our economy will grow stronger. Sure, they say, there will be winners and losers. But if the losers are protected by more social programs and a higher minimum wage, if there is more Quantitative Easing by the Fed., then jobs and prosperity will eventually trickle up to everybody else. And, they argue, even if prosperity doesn't trickle up, well, that's the price of a social safety net."

These statements are based upon the US economy and different, well-known, economic governmental philosophies implemented frequently. These are very BIG economic statements which means these statements refer to many different aspects of macroeconomic government policy. During this course, we have already discuss some some portions of these theories and will eventually discuss other portions of these theories.

1. Which philosophy do you agree with? Why? Narrow down your thoughts to one aspect of these macroeconomic policies, i.e taxes (more or less), government spending, government welfare spending, monetary growth, effects of government regulation, etc.

2. Find at least one journal article that either agrees with or disagrees with the philosophy that you have chosen in #1.

3. Find a popular press article that argues the opposite

4. Summarize your journal article as it refutes your popular press article. This summary should be in terminology that could be understood by your fictional high school senior.

5. Your summary should be at least 500 words.

This assignment is due within 2 hours of when it was assigned.

Tutor Answer

Jamoro
School: UCLA

Hello, I'm through with the paper. It's perfect but in case of anything you can contact me. Thank you very much. Good bye

FREE MARKET FOR ECONOMIC GROWTH

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Free Market For Economic Growth
Institution
Name
Course

FREE MARKET FOR ECONOMIC GROWTH

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I agree with the philosophies that the market will take care of everything. If we just cut
more taxes and more regulations especially on the wealthy our economy will grow stronger. And
even though there will be losers the winner's good performance will foster prosperity and job
creation and these benefits will come down to all. This very true because from economic research
the countries that have allowed markets to operate freely have really enjoyed big success in terms
of econ...

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Anonymous
Goes above and beyond expectations !

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