The first is to lower taxes, lower taxes more consumption, more money is flowing into the system.
The second is to lower interest rates, money is cheaper to borrow thus more people go into debt instead of saving, stimulates the economy.
The third is more governmental spending.
2006-10-20 16:34:58
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answer #1
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answered by andy 7
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There is enormous economic potential in moving to a cleaner, more energy efficient economy. The US economy has been both growing and becoming considerably more energy efficient since the 60s.
Innovation is what America does best, and the creation and implementation of new technologies, such as the Smart Grid(www.smartgridnews.com/ ), advanced automobiles, and bio fuels, will stimulate economic growth.
In the process of bringing these new energy technologies to market, millions of jobs will be created. However, government intervention and implementation is needed to jump-start this new energy economy.
2006-10-20 23:40:34
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answer #2
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answered by RamsGod 3
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Cut taxes. The less the government takes in taxes, the more people can spend on things they need/want.
Reduce regulations. They amount to a hidden tax.
Cut government spending. The private sector is ALWAYS more efficient.
2006-10-21 20:11:16
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answer #3
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answered by STEVEN F 7
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Cutting taxes= puts more money in the market and in peoples pocket ready to spend
lowering the Fed's interest rate. makes it eaiser to borrow money. personal and private mortgages. Businesses can cut costs by remortgages
An increase in government service spending. i.e. more gov't help healthcare unemployement and welfare. less money for the citazen to use more disposable income
2006-10-20 23:42:05
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answer #4
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answered by doof55 2
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No subsidies, selective tax exemptions, less complicated tax system for filing, better administration of resources.
2006-10-20 23:38:38
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answer #5
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answered by Karan 6
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