Question

For the United States:

What are some economical ways the government can strengthen the housing market in 2018? (Cite sources if possible)

What are some economical ways the government can solve health care costs and problems in 2018? (Cite sources if possible)

Answer 1

Refer : https://www.forbes.com/sites/teresaghilarducci/2018/08/31/what-will-lower-housing-prices/#7d1c08613cbe

By : Teresa Ghilarducci : 31st August 2018.

It is clear that tax concessions are inappropriately given and are not benefiting prospective home buyers. Home prices are sticky and are not adjusting to market forces of demand and supply.

Trump govt. can focus on providing input credit to home builders. It can also give subsidy to first time home buyers. This will help people to increase purchasing power.

Govt. can also make different slabs of tax based on housing prices and can grant tax concessions based on them.

It can also reduce taxes on steel, aluminium, cement so that making houses will be cheaper.

Health sector :

Refer : https://www.washingtonpost.com/opinions/theres-a-genuine-solution-to-our-health-care-problem/2018/04/29/2d82bdf2-4a3e-11e8-9072-f6d4bc32f223_story.html?utm_term=.3eee6732f868

By Robert J. Samuelson:29 April.

Medicare costs are made low and hence Doctors and hospitals charge private people with higher fees and hence private individuals are worse off. They also have to pay higher premiums.

To avoid this cross subsidization, govt. should reduce its spending on healthcare and compensate labors through other ways like wage increase.

In certain cases in my opinion price ceiling for a particular treatment can also be the solution as it will reduce the healthcare costs.

Govt. spendings can be controlled by capping the number of treatments per person for normal diseases and wisely deciding the spendings on a particular treatment.