Part 1 -
Define and differentiate between fiscal policy and monetary policy. What is the purpose of each and who is in charge of each?
Discuss the factors contributing to growing federal budget deficits. How much of a role do you believe government should play in the economy (bank bailouts, auto bailouts, stimulus packages, taxing and spending, etc)?
Part 2 -
Describe the president's role in making foreign policy and who or what assists him with this. How does Congress balance the presidential role?
Discuss how active of a role you think the United States should play in international affairs. Are we too active, not active enough, or right where we should be if we want to remain a "superpower" in the world?