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.


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