A recent New York Times article stated: "Recent debates in the House considered tax cuts and tax rebates similar to those enacted two years ago by President Trump and a Republican Congress… With high unemployment rates and an economy ravaged by the coronavirus pandemic, it would be most unwise not to again seriously consider tax cuts and tax rebates to help consumers and businesses… Although this will significantly reduce tax receipts and increase the Federal deficit, the Federal Government should borrow money and continue its deficit fiscal policy to increase spending for the Affordable Health Care Act, economic stimulus, Medicare, Social Security, and other programs. A deficit is a small price to pay for economic stability.” Using the fiscal policy tools, Brieflt explain what the new york times means by this statement and wheather you agree or disagree. Include at least three concepts from Macroeconomic and underline them.
A recent New York Times article stated: "Recent debates in the House considered tax cuts and tax rebates similar to those enacted two years ago by President Trump and a Republican Congress… With high
Using the fiscal policy tools, Brieflt explain what the new york times means by this statement and wheather you agree or disagree. Include at least three concepts from
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