management discussion

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Business Finance

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Hii..

Could you do this assignment please..

The book is :

MGMT9, 9th Edition

Author: Chuck Williams

University of the Pacific

ISBN: 9781285867502

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Federal Bailout and Stimulus Spending

1. Stimulus Package from February 2008168 Billion
2. Fannie Mae, Freddie MAC200 Billion
3. AIG22.8 Billion
4. Financial Bailout700 Billion
5. Auto Bailout17 Billion
6. President Obama's Plan800 Billion+
TOTAL COST = APPROXIMATELY 2 TRILLIONDOLLARS

DISCUSSION QUESTION:

As most of you are aware, when President Obama assumed office the country was in an economic crisis. Decisive action had to be taken in order to prevent an economic melt-down (recession, depression?). As a result, the U.S. economic stimulus and bailout was initiated. The abovementioned breakdown represents a 2 Trillion Dollar cost for the U.S. economic stimulus and bailout alone! Not to mention that this is just a short-term fix (hopefully to stabilize the failing economy). This money is claims on future tax-payers...you and your children! Considering the country's current situation, did this effort make a difference? Is the President's plan working? What is your opinion on this matter? In your discussions, please consider the following:

1. Economic Impact

2. Your individual rights and the rights of U.S. citizens in general

3. Employment Impact

4. The Recession

5. Consumer Rights

6. The Politics Involved

7. Global Impact

8. Personal Experiences

9. Solutions

10. What's The Future?

11. Capitalism: Is it working?

The abovemention are just suggested considerations. Please feel free to add more.

Special Note: Your participation is vital to your receiving substantial credit for your Discussion and Class Participation requirements. Therefore, I expect a very conscientious effort! This question requires research and analysis. "Half-hearted" answers, and excuses will not be tolerated. ---------------

-Please note that Professor is too serious about Plagiarism so please make it different.

thank you..

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Explanation & Answer

Thank you and have a wonderful weekend.

The 2008 Bailout - How It Affects Us Today
Back in 2008 when the US economy came crashing down, President Bush thought he
would “help” the American people by giving them $300 to spend in the economy. What a sweet
gesture for a dumb little man. That was a slap in the face to every taxpayer in the country. This
bailout was a farce, showing the people of this nation that no matter what big corporation you
are, you can run your business like a wild card and get the backing of the government when you
screw it up.
During the recession, where I lived, we had large companies making everything from
computer parts to RVs and military vehicles. Within 4-6 months, over 90% of these enterprises
had closed their doors. The unemployment rate for our region went from around 1.4% to over
6.7%. It destroyed our communities, and corporations and the politicians did not seem t...


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