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Balancing Act: Nation's Fiscal Policy, A

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Abstract
One of the ways that government stabilizes the economy is through its fiscal policy, the amount of money it spends in comparison to the taxes it collects. Although no one likes taxes, the U. S. is one of the least taxed countries in the western world. During periods of low productivity and high unemployment government may attempt to stimulate the economy with tax cuts. But tax cuts can also have negative effects, cutting services to population groups that have few resources.
Series
American History, American Government and Politics, Civics, Framework for Democracy
Duration
00:03:37 (HH:MM:SS)
Language:
English
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