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... on dividends, and tax on capital gains, and a tremendous increase in national defense. The Bush administration argued that this package would help stimulating the economy by giving back money to businesses. Businesses would have more money and would spend it to hire more workers. However, this plan would benefit largely the wealthiest people in this country. It will only have a minimal impact ... ...
Why is the Average Unemployment Rate Falling? The government has reported that the unemployment rate fell by 0.2 of a percentage point. Businesses cut 89,000 jobs in January, which followed job losses that averaged 311,000 a month in the last three months of 2001. Economists had predicted the unemployment rate would continue to rise. So why is the nations unemployment rate decreasing? Employment gains in construction, air transportation and retailing helped offset job losses in other industries. Recently there has been also been evidence of an increase in the manufacturing sector. Analysts say...
... rise in the general level of prices down and gain consumer confidence in the economy. He is well liked in the financial community. He encourages the free market, but doesn't agree with the government intervening with the economy. Greenspan wants to contribute to the process of growth in consumer and employment assurance. Alan Greenspan will always be famous for making some ... ...