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Government Spending Analysis

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Government Spending Analysis
Mr. President, after consulting several experts on this matter, I believe it is necessary to focus our attention on current interest rates and government spending. The first expert, Raymond, states it well when he said we need to concentrate on lowering interest rates in order to get people back on their feet. When interest rates are lower, consumers spend more and therefore stimulate the economy. This in turn can help the unemployment rate, which I do believe is the largest problem in the United States today. In contrast, Kathy Lee believed raising taxes and reducing government spending would solve our economic issues; however, when you raise taxes consumers are less likely to spend money because they have less money coming into their

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