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Will the economy get better now that Obama and Congress passed the 410 billion dollar spending bill or will the money be wasted funding domestic programs and awarding lawmakers pet projects?
Nirel
Spending is the problem, The 410 billion dollar spending bill will put us in a false recovery, The problem with the usa is we consume more then we produce, we spend money but have no steady way of making money. Printing more money for spending bills will only hurt us in the long term. The point of a recession is to get us into saving and producing. Gov needs to step back and let the free market and the American people do what needs to be done.
Wiki User
∙ 12y ago
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How does discretionary spending differ form mandatory spending?
mandatory spending refers to money that lawmakers are required by existing laws to spend on certain programs and discretionary spending is spending about which government planners can make choices
Following World War two who had to decide whether to continue the social programs of the New Deal and the wartime controls or to allow the economy to recover on its own?
congress and the president
What was the significance of President Johnson's war on poverty programs?
The speech led the United States Congress to pass the Economic Opportunity Act, which established the Office of Economic Opportunity (OEO) to administer the local application of federal funds targeted against poverty.
What is the relevance of agriculture to the economy?
Agriculture is much less relevant to the US economy than it used to be, largely because of the government programs which keep the value of the commodities artificially low. By most estimates, agriculture represents less than 4% of the total national Gross Domestic Product.
What decisions by a president affect the direction of the nations economy?
The President can propose and lobby Congress for programs and packages that are designed to affect the economyThe President has the power to veto economic programs, tax hikes or cuts, and expenditures that Congress passes.The President appoints ( subject to Senate approval) the chairman of the federal reserve board who has great control over the money supply and interest rates.The treasury, under control of the President, can take steps that affect the foreign exchange rate and affect the balance of trade and the prices of imports and exports.The President can use his powers of persuasion to prevent and settle strikes in key industries , such as steel, auto, railroads, mining, etc. that affect the overall econom
What interest group influence lawmakers to vote in favor of their programs?
Political action committees influence lawmakers to vote in favor of their programs.
What special-interest groups influence lawmakers to vote in favor of their programs?
Political action committees influence lawmakers to vote in favor of their programs.
Lobbyists and these special-interests groups influence lawmakers' votes?
Political action committees influence lawmakers to vote in favor of their programs.
What New Deal programs did lawmakers create during the Hundred Days?
laws
Who developed the New Deal a domestic program of public works programs and farm aid to help the US through the Great Depression?
Franklin D. Roosevelt and congress
Truman was successful in getting his programs through congress?
Truman was not successful in getting his program through Congress. Typically, a president will have the most success in getting Congress to agree to their programs in the first year they are in office.
Which was a part of Reagan approach to domestic policy?
Cutting social programs
What kind of programs and legislation were created during the Johnson administration?
congress creates medicare and medicaid programs
Lyndon Johnson's domestic policy was called?
His program was known as the Great Society.
What presidents had his domestic policy create the great society?
Lyndon Johnson was the one whose domestic programs were known as the Great Society package.
Legally who does the bureaucracy derive the general authority for its programs from?
I think Congress
What are grants of money allocated by congress to finance government programs?
Appropriations
