Assignment: Current Economic Issues
Answer the following 10 questions. Answer in complete sentences.
1.) Briefly describe how Trump's proposals in education reform may impact the economy in the long run. Offer an optimistic and pessimistic perspective.
2.) GDP is the standard measurement for economic growth, list criticisms of as to why GDP may not be the best way to analyze economic growth.
3.) Describe the impact China is expected to have on the U.S. economy within the next 30 years. Especially focus on international trade policy issues.
4.) Explain what Trump means by growing the economy out of government deficit spending. How is it done?
5.) Briefly explain the approach to the U.S. being tough on immigration. Give examples. Is this financially wise? What would be a way to improve the existing immigration system, regarding improving the overall economy?
6.) Provide three ways that the government could improve the low workforce participation crisis. Make sure to apply theories and ideas we discussed in class and in the text.
7.) According to Trump's book, how does he plan on correcting American welfare policies? What is his general perspective on welfare based on his book and speeches?
8.) Imagine if you served as a chief advisor to the President. The President is concerned with keeping the economy growing for the next year or so, so he can expand Republican control of the Senate to 60 votes (to end filibusters). Provide three policies that you believe would yield a short-term benefit for the economy and will help ensure that your boss gets enough Republican senators elected.
9.) Should America be a truly capitalist country or should we have our system as it currently is, or should we have a system that follows more closely to the teachings of socialism or another ideology? State and defend your position.
10.) Why did the United States embrace and promote a global economy? Why are some Americans changing their minds?
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.