Sunday, February 15, 2009

Assignment # 3 RMiskelly

The column discusses the trade-offs rendered in the economical stimulus package abridged to the United States. The efficiency-equity trade off which implicates efficiently increasing aggregate economic activity versus dispersing the money fairly to all constituents. A second trade-off is the need to create balance between infrastructure and other activities that stimulate the economy. The debate is argued where to level these devises for maximal reward, but is unknown further dimensions to the problem. Madison Powers, a writer for CQ Politics, suggest what economists prescribe for spurring growth on developing nations to patch smaller leaks and rebuild our economic safety net rather than our accustomed big dreams.

Her audience is educated business minded individuals with interest in the economic future of our great nation. Directly to the troubles we all face, the article addresses the objective our leaders face in formulating an emergency plan.