Budget cuts Tax cuts Increased defense spending.

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Transcript of Budget cuts Tax cuts Increased defense spending.

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

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• 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.