Question

In: Economics

What suggestions does David Cay Johnson to improve the US economy? Do you agree or disagree...

What suggestions does David Cay Johnson to improve the US economy? Do you agree or disagree with his suggestions? What do you suggest needs to be done?

Solutions

Expert Solution

According to David cay Johnson,American economy experiencing inequality and it impact economy.American economy experiencing graet depression back in 1930 and the great recession in 2009.Johnson speaks about how inequality contributed to both events and their impacts.

Major suggestions for U.S economy to improve are the following.

1.U.S government should amend policies to improve economy.

2.Bring back government auditors.

3.An improved wage bill.

4.Improve education system.

5.Interest change should be favour to poor people.Because,99% of Americans who earn less than 2,00,000 paying more than the rich.

6.Wage theft made by employer's should be stopped.

I agree the suggestions made by Johnson with respect to improving equality in terms of wage,education,favourable policy changes and abortion of inequality.S,through the measures putforward by D.C.Johnson,U.S economy can improve without inequality.


Related Solutions

Tax Court decisions determined in Johnson v. United States. Do you agree or disagree with the...
Tax Court decisions determined in Johnson v. United States. Do you agree or disagree with the Tax Court's decision? Why or why not?.
what is the basic position of strong ai? do you agree or disagree? if you agree,...
what is the basic position of strong ai? do you agree or disagree? if you agree, provide and argue against one or more objections from weak ai. if you disagree, provide one or more arguments from weak ai to counter-argue strong ai.
To what extent do you agree or disagree with the statement that the creation of an...
To what extent do you agree or disagree with the statement that the creation of an organisational structure is the perfect way to bring about harmony in the utilisation of resources in an organisation’’ Subject: Organisational Behavior & Management
Do you agree or disagree with the impact of economic policy on the disparity? Does health...
Do you agree or disagree with the impact of economic policy on the disparity? Does health disparities have a microeconomic or a macroeconomic impact on health care?
"A healthy economy can never have a zero unemployment rate." Do you agree or disagree with...
"A healthy economy can never have a zero unemployment rate." Do you agree or disagree with this statement? Explain. At least 175 words
5. Inflation is good for the economy. Do you agree or disagree? Explain your answers. 6....
5. Inflation is good for the economy. Do you agree or disagree? Explain your answers. 6. What is the multiplier? Does it contribute to microeconomic instability? Explain your answer.
What are the characteristics of effective branding? Do you agree or disagree with these criteria? Can...
What are the characteristics of effective branding? Do you agree or disagree with these criteria? Can you cite examples of successful brands that do not meet these criteria? Why do you believe these brands are successful?
4. To what extent do you agree or disagree to the statement that “ Microfinance Institutions...
4. To what extent do you agree or disagree to the statement that “ Microfinance Institutions hide behind poverty to exploit the poor”
What were Maynard Keynes' economic perspectives? Do you agree/disagree?
What were Maynard Keynes' economic perspectives? Do you agree/disagree?
What were Alfred Marshall's economic perspectives? Do you agree/disagree?
What were Alfred Marshall's economic perspectives? Do you agree/disagree?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT