Problem: Assume the U.S. is in the midst of a recession and a new president has just inherited an already large public debt. As a top economic advisor to the new president, you are asked to explain the trade-off between the short-run and long-run objectives of using deficit spending to pull the country out of the slump. Make your case.
Explain how tax credit to a business would help to stimulate the economy?
Are CEO's in the U.S. paid too much? Support your answer?
Is the U.S. investing enough in its human capital to remain globally competitive? Support your answer.