This thread is about a few different economics topics. Here are the questions I would like to be answered/debated.
1. Is a trade deficit a bad thing? The United States has a big trade deficit, and has had one for a long time, and it seems to be OK. But would it be better off if it broke even?
2. What caused the current recession? Careless 1920's style spending during the Clinton administration, or Bush's lack of an economic plan? Obviously 9-11 had some effect as well. Just how much of an effect did it have?
3. Will war with Iraq boost the economy, send it further into recession, or have no effect?
4. Will the Bush tax cut cause an economic upturn, and in turn create a budget surplus? Or just the economic upturn, or neither.
5. Can a Sweden-style economy work under any circumstances? Sweden's economy has really slowed down over the past 50 years, but could it work if it was applied to, for example, the UK?
1. Is a trade deficit a bad thing? The United States has a big trade deficit, and has had one for a long time, and it seems to be OK. But would it be better off if it broke even?
2. What caused the current recession? Careless 1920's style spending during the Clinton administration, or Bush's lack of an economic plan? Obviously 9-11 had some effect as well. Just how much of an effect did it have?
3. Will war with Iraq boost the economy, send it further into recession, or have no effect?
4. Will the Bush tax cut cause an economic upturn, and in turn create a budget surplus? Or just the economic upturn, or neither.
5. Can a Sweden-style economy work under any circumstances? Sweden's economy has really slowed down over the past 50 years, but could it work if it was applied to, for example, the UK?
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