Fiscal Policy

What are the current U .S . fiscal policy objectives ? Do you think they have been effective in achieving their intended death (sBecause of the recent economic growth in the United States , the political relation assumes a call for a continuation of this upward trends sustained growth , relatively first-class honours degree busy judge , and low inflation (Analytical Perspectives , Budget of the United States government Fiscal form 2007 . 165 . Specifically , the economic projections of the government can be summarized in the followingReal and Potential GDP , and Unemployment Rate : The potential and authentic growth are expected to continue to about 3 .1 percent and unemployment rate is expected to remain at 5 .0 levelInflation : Consumer prices are projected to increase 3 .0 percent , with piecemeal correction ranging 2 .4-2 .5 per year until 2011 . This is in fact a lower rate compared to the averages from previous decades : 1970s 1980s , and 1990sInterest rates : It is forecasted that interest rates will rise due to refinement . The 3-month Treasury bill rate is expected to increase to 4 .3 percent , with 10-year Treasury note expected to increase 5 .

6 percent by 2009The above projections were pretty much standpat(prenominal) but there were challenges that the country has encountered causing the government to lack some of these targets , or at the very least , is experiencing so much effort to come through these targets . Some of the recent hassle and challenges encountered that affected the government s fiscal objectives are the very high school energy rates resulting from increasing oil prices Problems in the identification and housing industries also contributed much in preventing the government to achieve its objectives like the Federal Bank lowering down the interest rates (Analytical Perspectives , Budget of the United States Government : Fiscal grade 2007 . 168-169Work citedU .S . Government , 2007 . Analytical perspectives , in Budget of the United States Government : Fiscal Year 2007 U .S . Government Printing confidence : Washington , DC...If you want to get a full essay, dress it on our website: Ordercustompaper.com

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