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It depends on what government you're asking about. If you want a specific answer, you'll have to write a specific question.
But some examples of things that the US Government does(doesn't do, but really should) are lowering the corporate tax, invest in small business, and create a business friendly environment.
The United States, unfortunately is no longer business friendly. Well, specifically small business friendly which is what our economy depends and thrives on. The middle class and the rich are the main investors and entrepreneurs of our country, but if we tax them, they stop investing. All this about "spread the wealth" will NEVER save us. We need to keep the Bush Tax Cuts, lower our corporate tax from a extremely intimidating(and approximately) 36%(which by the way, Canada's is 15% and still dropping), invest in small businesses, and recreate the Land of Opportunity. Investing in industries(like the Auto Industry) won't do us any good. We're basically throwing our money away. If we invest in small business, then they'll be able to hire which will mean more money in circulation and our economy will pick up again. That includes our big industries like the Auto Industry and our businesses that went that went overseas and to Canada and Mexico will come back.
Makes sense, right?
I'm not trying to be ignorant at all, but I don't know how to make that any simpler. Honestly, I don't.
p.s. I'm going to add to my own answer.
Putting restrictions on small businesses and their owners is what is choking our economy to death. Just look at places like Singapore. They have a free market and their economy is one of the most successful in the entire world!
Call me crazy, but whatever is going on in the US right now is crap.
Wiki User
∙ 13y ago
Wiki User
∙ 11y agoWell if anyone knew the answer to that there'd be less unemployment wouldn't there?
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What did the the government do to combat inflation?
The government raised and extended the income tax to help combat Wartime Inflation. The government also encourage individuals to by war bonds.
Is the Federal Reserve responsible for determining the inflation rate and the unemployment rate?
The Federal Reserve does not set the inflation or unemployment rates. These rates are naturally fluctuating based on market activities. Typically, as inflation rises, unemployment decreases and vice versa (except in the case of stagflation in 1970's). The Federal Reserve DOES, however, adjust interest rates and various other rates to control the money supply in order to combat unemployment and inflation. See the "Money Supply Theory."
Which was the decade of high inflation and high unemployment?
Which was the decade of high inflation and high unemployment
What does the Phillip's Curve illustrate?
A graph that shows that there is a relation between unemployment and inflation: One can either have a high inflation and low unemployment or low inflation with high unemployment.
Can unemployment and inflation coexist?
no
How does overall inflation and high unemployment of the nation influence the decisions of the government?
It helps to determine the nation's fiscal policy.
How are inflation and unemployment related in Singapore?
Changes in wages imply changes of inflation in Singapore or most other countries. The Philips curve shows how inflation and and unemployment is related.
If inflation falls why would unemployment rise?
When economists look at inflation and unemployment in the short term, they see a rough inverse correlation between the two. When unemployment is high, inflation is low and when inflation is high, unemployment is low. This has presented a problem to regulators who want to limit both. This relationship between inflation and unemployment is the Phillips curve. The short term Phillips curve is a declining one. Fig 2.4.1-Short term Phillips curveThis is a rough estimation of a short-term Phillips curve. As you can see, inflation is inversely related to unemployment. The long-term Phillips curve, however, is different. Economists have noted that in the long run, there seems to be no correlation between inflation and unemployment.
Why did the Romans need a dole system?
The Romans needed a dole system in order to try to combat unemployment and poverty.The Romans needed a dole system in order to try to combat unemployment and poverty.The Romans needed a dole system in order to try to combat unemployment and poverty.The Romans needed a dole system in order to try to combat unemployment and poverty.The Romans needed a dole system in order to try to combat unemployment and poverty.The Romans needed a dole system in order to try to combat unemployment and poverty.The Romans needed a dole system in order to try to combat unemployment and poverty.The Romans needed a dole system in order to try to combat unemployment and poverty.The Romans needed a dole system in order to try to combat unemployment and poverty.
What is the result of the government guiding the supply of money in the economy through regulation of banking interest rates?
Reduced inflation and unemployment rates
What has the author Anne Romanis Braun written?
Anne Romanis Braun has written: 'Inflation and unemployment in Canada and other industrial countries' -- subject(s): Effect of inflation on, Inflation (Finance), Unemployment
Economic term for an economy with rising inflation and unemployment?
This is called inflation or more precisely "price inflation".
