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They only valid method to decrease unemployment is to increase the number of jobs available in the private sector.
To do this, you lower taxes and increase the people who can start small businesses to do so. This can be in the form of lower interest loans or tax breaks.
The President can only hurt, and almost never help create jobs. It is their job to stay out of the way, as much as possible, to allow the system to do what it does best. Government interference is almost always bad.
The worst thing you can do is mandate new restrictions, such as compulsory health care, Value Added Tax (VAT) or more red tape. (You would be absoutely amazed at the amount of foolish paperwork that small businesses need to deal with because of a bloated Government).
If you really wish to create issues, give money to big companies that are too big too fail and prevent smaller companies from obtaining their fair share of a given market.
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What was the economic problem the US was suffering from when Kennedy became president?
High Unemployment
Why might unemployment not be a concern of the US economy?
Unemployment in the U.S is a huge issue.
How does an increase in unemployment negatively affect your government?
Increased applications for unemployment benefits directly reflect the loss in the number of jobs available to workers. The actual cost of paying unemployment benefits to the unemployed, is actually very small compared with other government spending. Paying unemployment benefits to those who need it, actually benefits the country's economy, because it prevents jobless individuals and their families, to overwhelm other government programs such as welfare. Paying unemployment benefits also prevents individuals to fall into poverty-related social problems, which would result in higher costs to deal with their consequences and to bring individuals back to join the work force, which at the end, is what keeps the economy rolling and growing.
How did China deal with its repeated crop failures in 1961?
As with the USSR, China's collectivism of its agriculture resulted in persistent crop problems. China dealt with this problem by purchasing grains from Canada and Australia. As the Soviets were flirting with buying grain from the US, no grain deals with China and the US were possible.
Why is economics central to an understanding problems of development?
I think because the development of a country depends upon economic factors and so you can only understand how a country is developing if you know about how the economic factors are and how the factors change. Many problems of development stem from a lack of money and economics is all about money so the two areas of developmentand economics are related. Problems of development are like not having enough money, which means too much poverty and high unemployment rates and these aspects of the problems are centralissues in economics and so economics teaches us about problems indevelopment and so we can better understand these problemsprincipally by looking at economic factors that define the problems. Its mainly money at the centre of economic problems or a lack of money and so it is effected largely by how money is distributed among people and for what purposes money uses which are central issues ineconomics. I suppose you can't understand unemployment as well as an economist understands unemployment because economists look at unemployment all the time and pay very close attention to it so economists are very good at understanding economic developmentproblems for this reason and probably other reasons. Furthermoreeconomics is a social science and is concerned with people and economic development problems also stem from people so these fields are related and understanding the one helps you better understand the other because you can build up a bigger picture.
What are two major problems Urban and rural in US?
Meth, and unemployment
What was the economic problem the US was suffering from when Kennedy became president?
High Unemployment
What caused US President Reagan to sign a bill to tax unemployment benefits?
yes...his idea!
Who was the US president who offered the square deal?
Theodore Roosevelt
What is the most common financial problem in the US?
Researching has shown that there are a range of things that are considered to be common financial problems in the US. These most common problems are unemployment, overspending, debt, and foreclosure.
What US president taxed unemployment payments?
Ronald Reagan signed the Bill to begin taxing unemployment. Shows you how much he cared about the people who weren't rich like his Republican buddies.
What year was The Louisiana Purchase made and president was responsible for this?
The year was 1803 and Jefferson was the US President that completed the deal.
What problems are there in the US?
Sickness, lying, cheating, dying, the crime rate, unemployment, the mortgage failure crisis, homelessness, and the economic 'recession'.
Which US President is most closely identified with the New Deal?
Franklin Delano Roosevelt
What did president Roosevelt call the program designed to fight the depression in the US?
The New Deal
What was the unemployment rate in the US for August?
The Official Unemployment rate (U-3) in US for August 2011 was 9.1.Below are the other unemployment rates in US for August 2011 :U-1 Unemployment rate : 5.4U-2 Unemployment rate : 5.3U-3 Unemployment rate : 9.1U-4 Unemployment rate : 9.7U-5 Unemployment rate : 10.6U-6 Unemployment rate : 16.2
What were the biggest problems facing George Washington as the first president of the US?
his cabinet
