June 5, 2001, the Department of Education reports that over 60% of all sick school graduates in the U.S., will go to college. The aver run into age of entry into the labor force has risen to 23 eld old, a 6 grades difference from the preceding(prenominal) year. Furthermore, in July 2001 Congress created a $250 billion additional expense for shelter, forage and clothing for everyone. The events for the fiscal year of 2001 did not pay back a direct impact on our policy changes. Because this year we allowed for introduction disposal spending and abated the income tax rate in order to boost the deliverance. The following year was a sequel of the same aggressive policy changes. This would further stimulate the thrift and with im turn up results. Additionally, in August when the South African government allowed native-born whites to return to Pretoria, caused for more job openings that assisted with the descend in the unemployment rate. While the unemployment rate d ecreased by quartet percent the inflation rate only increased by one percent. The third year in office proved to be just as challenging. The impact of the truckers smite that immobilized the nations impartation of title system for two months ensured us that the policy changes do must to be assertive. Although this was an inopportune time for a strike to flow and with a continuous government spending and a fuddled decrease in the income tax rate, it will endure slender impact on the economy as a whole. Results: gross national product 1687 Unemployment (%) 16 Interest (%) 6 Inflation (%) 3 Budget equilibrate (Billions) -47 Policy Changes for 2004: Excise Taxes + 10.00 Income Tax dictate - 10.00 Government Spending + 10.00 Investment Tax Credits + 10.00 clear trade Op erations + 10.00 Discount Rate ! - 10.00 Reserve Requirements + 10.00 Results: GNP 1979 Unemployment (%)... If you want to get a expert essay, order it on our website: OrderCustomPaper.com
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