Sample Essay

The big question in the minds of many people is how the government would be able to stimulate a struggling economy. According to the act, government people will not do much of the work but instead by professionals. Thus, the package is expected to have a huge positive impact on the fiscal and monetary policies.The good thing about the package is that it has cut across through the American economy. Since it involves both tax cuts and government spending, we expect the results of the package to be positive. This is because as revenue is decreased through tax cuts, employment and domestic income will rise because of increased government spending. Although the package has received heavy criticism from republicans, looking at the expected course of implementation it would be economically sensible to say that the package will surely lift the American economy to new heights.

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