Problem
Prior to the work on this discussion, read chapters 9 and 10 in the course text and Fiscal Policy: Taking and Giving Away . Describe the roles of government bodies that determine fiscal policy. Explain fiscal policies' effects on the economy's production and employment. How does the enormous U.S. national debt affect the federal government's fiscal policy? Is the current U.S. national debt a serious problem like a heavy personal debt? Why or why not? Discuss thoroughly.