This preview shows page 1. Sign up to view the full content.
Unformatted text preview: district gets as much potential spending money as possible. They do this by selling their votes. A perfect example of Law of Unintended Consequences is the recent mandated 0% interest rate within markets or the manipulations within the auto industry. Causing consumers to spend more and to borrow more. The original intention may have been to help the market but only increased national debt. Consumer spending makes the most of all market spending. Government spending makes up little. President Obama and out government has an enormous dilemma in trying to revive this economy. The American consumer has borrowed from their homes and credit cards to fuel a colossal spending spree in the last twenty years and the American debt today seems too much to revive. All do to the government trying to control or make rules within the business market....
View Full Document
This note was uploaded on 08/22/2011 for the course WPS 491 taught by Professor Phillips during the Spring '11 term at N.C. State.
- Spring '11