Question

In: Economics

What are five concrete suggestions with explanations as to what you would like politicians to do...

What are five concrete suggestions with explanations as to what you would like politicians to do to improve political cooperation and the advancement of the economy

Solutions

Expert Solution

The first suggestion is to achieve the political consensus that all the institutions will be free from politically motivated decisions. It will make these institutions such as Federal Reserve to take decisions and make policies that help the economy to achieve the different short term and long term objectives.
The second suggestion is to get agreement between the parties to rise above the part lines when the issues are or national importance. For example, the issues such as national security and defence program require the political parties to think and act according to the what is best for the economies.
The third suggestion is that all political parties should form a committee for important acts and regulations so that a policy with longevity, proper vision and best of the ideas are applied. It will benefit the economy. For example, the Trump administration shot down the Affordable care act of the previous government and brought it American Health Care Act that is relatively less friendly to the poor people. So, it is the poor American population that suffered due to the change of government. It should not have happened for the best interest of the economy.
The fourth suggestion is the agreement between the political parties to reduce the expenditure during the elections and those funds can be utilized in community development. It will help the community to become more employable and their social issues will be resolved. Besides, it will show an example to the rest of the world also.
The fifth suggestion is to make politicians to form a committee that will identify the austerity measures that will contribute towards the reduction in the national debt, increasing every year. It will reduce the financial burden applied to the coming generations.


Related Solutions

I would like to know the answer for this case study questions and explanations. Thank you....
I would like to know the answer for this case study questions and explanations. Thank you. 1. You are a home health care nurse scheduled for a home visit to your patient, a retired accounts payable clerk who is 7 days postsurgical with a new colostomy. Your patient lives with her husband who is involved in her care, they compile a list of questions between visits to ask upon your arival at their home. During this visit, the patient has...
What do you think a society without laws would be like?
What do you think a society without laws would be like?
You are now an adviser to President Obama. You need to give him 5 concrete suggestions...
You are now an adviser to President Obama. You need to give him 5 concrete suggestions on fiscal policy and monetary policy in an effort to get the economy to continue to improve. Give your suggestions and explain why you think your choices are good choices.
You are now an adviser to President Obama. You need to give him 5 concrete suggestions...
You are now an adviser to President Obama. You need to give him 5 concrete suggestions on fiscal policy and monetary policy in an effort to get the economy to continue to improve. Give your suggestions and explain why you think your choices are good choices. (500 words minimum)
I would like you to let me know what you would do with the following case....
I would like you to let me know what you would do with the following case. You are the lead auditor for the accounting firm that audits Boeing that has had 2 recent crashes of its new Boeing 737 max jet. What would you do ?
What do you think it was like on the Lewis and Clark Expedition? Would you have...
What do you think it was like on the Lewis and Clark Expedition? Would you have liked to go along with them?
What do you think politicians should do to get the system working for the middle class?
What do you think politicians should do to get the system working for the middle class?
If you had to pick on of the explanations for what causes schizophrenia which would it...
If you had to pick on of the explanations for what causes schizophrenia which would it be and why? Describe this explanation/cause.   
What other suggestions do you have related to avoiding audit failure?
What other suggestions do you have related to avoiding audit failure?
What do you believe is the job of politicians when it comes to our healthcare policies...
What do you believe is the job of politicians when it comes to our healthcare policies and health insurance coverage in the U.S.? Do you think they are doing their job?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT