Tuesday, February 10, 2009

Assignment #2 areid

This is another article that has its own perspective of the "What if's" of the government. The author just puts this article into a comparison of the American family so that the reader can possibly get a better grasp of what the government is trying to do. If it is written so only economic professors can read the article than it serves little purpose to the common reader like you and me. The author is trying to show why the government spends the money that it does and if the government should spend US dollars in what types of directions. The article, as stated before is for the common man, i.e. the middle class who are the ones being laid off at work. The common man is the most worried about the economy and government because of what history has shown in a repression. They have read the books and listened to the stories of The Great Depression and do not want anything to do with that and hope that what ever the government decides to do, hopefully it is the right choice.

The author has a couple main points. Should the government keep spending money? The author says in comparison to the US family, as individuals, "if we have the means, we should keep up our spending." Spending is what keeps the economy in good stands but if the government makes more money and spending it then the debt will never slow and it will keep growing explanatory.

Another point the author makes is about taxes? If there is a tax cut and putting more money into the individuals or businesses hands then that means that there will be more spending, which is a good thing as stated before. Though will this solve the problems? The author throughout the whole piece defiantly leaves it into the readers’ hands to make their own opinions.