America’s Fiscal Policy

The American economy is grounded and influenced by what is called fiscal policy.  Fiscal policy is where the government collects revenues through taxation and spends money through expenditures to generate a stable economy.  The American economy, however, is threatened by a national debt that is over $18 trillion.  How did this occur?  It did not happen overnight.

One can make the argument that the government does not tax enough to generate revenue.  Others might disagree.  On the expenditure side, some have argued that the American economy is in disarray due to the government spending too much money.  There are those, though, who believe that the government does not spend enough money to help create a stable economy.  Where do you stand on the issue?  Leave comments after the poll as well to defend your response.

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