budget cuts tax cuts increased defense spending

8

Upload: isaac-goodwin

Post on 17-Jan-2016

226 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Budget cuts Tax cuts Increased defense spending
Page 5: Budget cuts Tax cuts Increased defense spending

• Tax Cuts: STIMULATE PRIVATE INVESTMENT

• Supply-side economics: lower taxes = people saving more = banks use that money to give loans to businesses = invest in resources to improve productivity

• Supply goes up prices go down STIMULA

Page 6: Budget cuts Tax cuts Increased defense spending

• Deregulation: cutting back of federal regulation of industry– Eliminate federal health

and safety inspections for nursing homes

– CUT BUDGET OF EPA– Cut entitlement programs

(welfare benefits

Page 7: Budget cuts Tax cuts Increased defense spending