unit 3 DB ECON224

unit 3 DB ECON224 - The current expansionary fiscal policy...

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Unformatted text preview: The current expansionary fiscal policy of the Obama White house is to provide middle class and low income families with tax relief while at the same time increasing government services and reducing the deficit. This plethora of contradictions is an example of how the Obama administration is "more of the same". The current fiscal policy is expansionary because it is growing government at an alarming rate. Given to extremely complex nature of the Federal Government, we will focus on the Government civilian payroll. "The Obama administration says the government will grow to 2.15 million employees this year, topping 2 million for the first time since President Clinton declared that "the era of big government is over" and joined forces with a Republican-led Congress in the 1990s to pare back the federal work force." (Dinan, 2010) "From 1981 through 2008, with a Republican-led Congress in the 1990s to pare back the federal work force....
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This note was uploaded on 12/10/2011 for the course ECON 224 taught by Professor Morales during the Spring '11 term at AIU Online.

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