Just looking for a paragraph or two for each question to help get a discussion going. Please cite references whenever needed.
Question 1) What have been the major sources of disruption over the past several years?
Question 2) From an Aggregate Demand and Supply perspective, does it matter which programs are adopted? Which programs do you recommend should be adopted? Should subsidies and tax breaks to business (corporate welfare to agriculture, forestry, export promotion, research and development, removal of dividends tax etc. ) be the focus or should subsidies go to individuals (subsidies to education, social security, unemployment insurance, aid to families with dependent children, Medicare etc.) ? How will the programs proposed affect future growth possibilities for the economy (how will they effect the PPF and long run aggregate supply)?
Question 3) How will the programs affect the debt? How will they affect private investment? Is crowding out a concern in the short versus long run as a result of the proposed policies? How will the different proposals affect the income distribution? How will they effect consumer confidence and spending?
Question 4) Please discuss the incomes and expenditures in terms of the Keynesian model. You can agree and/or disagree with the Keynesian assumptions.