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Wednesday, November 16, 2011

Economic Stimulus Theories (Blog #13)




Theodore Roosevelts "square deal" promised to give every laborer and farmer a square deal, no more, no less. T.R.'s theory, with regard to helping the economy, dealt with protecting the consumer through reforms and trustbusting. After T.R.'s Presidency, Taft continued on with this theory of protecting the consumer through progressive reforms. Later on in the 1930's Franklin D. Roosevelt institutes an economic stimulus plan his administration calls the "New Deal". This plan calls for tax money to be spent on infrasturcture similar to that of President Obama's plan.

**Square Deal, TR**

**New Deal, FDR**


Your Assignment:

1.) Discuss the way President Obama and his plan have attempted to stimulate the economy. (Research)
2.) Discuss the other side of the aisle (Repbulicans) and their theory of the best way to stimulate the economy. (Again, research will be necessary)
3.) Which of these do you believe would better suit stimulating the economy.


Due: Sunday 11/20/11 by no later than 11:59p.m.

19 comments:

  1. 1. He has attempted to stimulate it by trying to lower tax for some people. Have other countries buy out our debt. And raise some taxes on the rich.

    2. The Republicans believe that we should quit spending so much money.

    3. I'd say a mixture of both should suffice.

    ReplyDelete
  2. 1.) Obama has attempted stimulation by trying to lower taxes for some of the citizens in the united states. He would have other countries buy out our debt.
    2.)They think that we should stop spending all of our money.. and save it instead.
    3.)stimulation would pry help more. But if you lower the taxes on some lower them on all.. Just for it to be fair :)

    ReplyDelete
  3. 1. His plan has attempted to stimulate the economy by lower taxes for some people and higher them for other people. Depending on their income.
    2. The Repbulicans believe that America should just stop spending money and giving money to other countries.
    3. I think we hould do both that way it does good for both the poor and the rich. Instead of just during Obamas way and making ti hard on the poor, we could do both and make it easy on both communities.

    ReplyDelete
  4. 1. He has attempted to stimulate it by trying to lessen tax for lower class people. Have other countries purchase out our debt. And highten some taxes on the rich people.

    2. The Republicans believe that we should not spent a bunch of money that we dont have.

    3. I'd say a mixture of both should work.

    ReplyDelete
  5. 1)His plan has attempted to stimulate the economy by lower taxes for other people and lowerd on others
    2) they think that we spend so much money that we dont have.
    3)I think we both should work or a mixture or both.

    ReplyDelete
  6. 1) President Obama raised taxes on some people and lowered on others.
    2) The republicans don't want the government to be spending money that we don't have.
    3) Both because if we stopped spending money and raised taxes we would earn that money back.

    ReplyDelete
  7. 1.) Obama has tried to stimulate our economy by trying taxes on the more wealthy peoples instead of taxing the poor so much. Right now, the poor keep getting poorer, the medium stay the same, and the rich get richer.

    2.)They want us to find ways to cut spending. Not having to spend so much money would definitely lower it.

    3.)Incorporating both methods would be the best way. Making some cuts here and there, then afterwards pushing taxes with the rich up and maybe lowering some taxes on the people that don't have any money to begin with.

    ReplyDelete
  8. 1.) Obama's plan for stimulus includes many tax cuts and spending in the right things.

    2.) The Republicans think that we need to cut spending alot more and raise taxes to get more money.

    3.) I think that we should budget our spending and make tax cuts so a mixture of both.

    ReplyDelete
  9. 1.)He tried to lower taxes for people and just put us into dept and now other countries are buying our dept. He also raised some taxes on the rich.
    2.)We should quit paying it is what the Republicans are thinking.
    3.)I would have to agree with the Republicans on this one i think it is rediculas that we are paying so much for these types of things.

    ReplyDelete
  10. 1-Obama's plan is really good because he is going to cut tax.
    2-the republican plan is cut the spending, and do more tax to have more money
    3-cut tax is the best to do but stop the spending is eally good to so i think they are good for USA.

    ReplyDelete
  11. 1. He had other foren countrires buy our bad debt and then he raised taxes on the more wealthy people.

    2. Basically they dont want us to spend so much money.So were not in debt.

    3. stimulation would probaby help more

    ReplyDelete
  12. 1)His plan has attempted to stimulate the economy by lower taxes for other people and lowerd on others
    2) they think that we spend so much money that we dont have.
    3)I think we both should work or a mixture or both.

    ReplyDelete
  13. 1. has tried to put out stimulus packages but it has yet to make a large effect. Just this morning i heard on the radio that Obama will veto any budget cuts.
    2. republicans want to give all our money, we don't have, away.
    3. a little of everything would help out if they wernt so stubborn about it.

    ReplyDelete
  14. 1) Obama's attempt to simulate the economy has been by adding tax cuts for some and increasing taxes on others. He wants to give money directly to the people who need it most.
    2) Republican's, however, are for keeping taxes. Also, they do not want tax cuts on the rich people. They think that the government needs that money from the rich and the poor. They think that the people overall will be better off if we keep the taxes. Also, they believe that we should lower spending.
    3) I am on the side of the Republicans. I think that taxes should be equal across the board. I also believe in showing some discipline and spending less.

    ReplyDelete
  15. 1.) He wants to raise tax on the rich and lower taxes on the poor and middle class. He is also trying to get other countries to buy out our debt.
    2.)Republicans believe we should quit spending so much money and try to save it. That is easier said than done.
    3.)I think if we do both it would help us stimulate our economy.

    ReplyDelete
  16. 1.obama has attempted to fix the ecconomy by lowering taxes for some people.

    2.they should stop spending all that money on stupid stuff and spend it on stuff that would help our economy.

    3.mixture of both

    ReplyDelete
  17. 1.obama's plan is to lower taxes for the poor and also to raise taxes on richer ppl.
    2.they think we need to save our money and use it wisely instead of spending all of it.
    3.i think we should do both of them because in the end it may benifit us very well

    ReplyDelete
  18. 1) His attempts are to lower the tax rate for people that have more money than the middle class.

    2) The republicans want us to cut spending and for us to have more money to pay out what we owe to the other countries.

    3)I think that we should focus all of the money that we make profit into what we owe.

    ReplyDelete
  19. 1.he tried to lower tax for the poor and raise the tax for the rich. he also tried to have other countries buy out our debt.
    2.they believe that we should stop spending so much money.
    3.it depends on the situation and how you look at it. every person has their own oppinion.

    ReplyDelete

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