How to created jobs in both the public and private sectors

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The fiscal policy measure that has more direct impact on the economy is an increase in government spending if consumer confidence is lower than the previous month. One of the ways the President Obama stimulated the economy was through increased government spending. This tactic saved and created jobs in both the public and private sectors. Consumers with jobs are more prone to spend and further stimulate the economy, it also increases confidence in the economic stance. These tactics also saved jobs such as in the housing, banking, and automotive markets. The economic stimulation was critizied by many as not allow for a balanced budget but help preserve many Americans livelyhood. Now only if it would cut down on bonuses for those in the top 1% earning bracket, so the wealth could be more equally shared.

Reference no: EM13185868

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