macro

1. The fiscal position of the United States has deteriated under George Bush for 2 main reasons. The first reason is that George Bush has cut taxes greatly while the second reason is government spending under the war effort has dramatically increased. Therefore the national deficit is rising at all time highs making the rich get more tax cuts wrecking the economy and mortgaging the future for America’s children.
2. The distinction between a stock and a flow is that a stock increases or alters meanwhile a flow increases or alters wealth creating people to spend more money as there income increases. This makes tax cuts shift the burden to wage income.
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