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Encourage curiosity and problem solving!
(K-5th Grade) at John and Judy Gay Library (JJGL)
Pub. Date
[2012]
Language
English
Description
In 1954 relying on "automatic stabilizers," President Dwight Eisenhower withheld raising taxes in order to encourage consumer spending. In the 1960s, newly elected John F. Kennedy and economic advisor Walter Heller pushed Congress to approve a $12 billion tax cut stimulus. The Employment Act of 1946 was the first time that government tried to employ fiscal policy. But, by 2010 economists disagreed about whether fiscal policy was dead, as they argued...
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