Business, 28.07.2019 12:30 codycoker4200

Davidson offers several solutions to the major issues, stating that fiscally we are actually not a nation that is divided on the major issues. what are some of the fiscal solutions that he mentions tweaking? davidson describes two fundamentally different economic philosophies that both impact the debt crisis that the us faces. what are these philosophies? do you agree with one more than the other? while davidson outlines several issues that the parties are actually not terribly divided on, he also outlines two issues that are hyper-partisan. what are these fiscal issues and why do you think that the parties are so divided? do you lean towards the democrat or republican view on these issues? towards the end of his talk, davidson discusses a fear. what is this fear? how does this fear, as well as his entire discussion of the fiscal cliff, relate back to economic factors that influence our personal finances?

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QUESTION 1.
Some of the fiscal solutions that Davidson mentions tweaking in a bid to cut government spending multiple subtle ways are as follows:
I. Raise social security retirement age
II. Reduce medicare for wealthy seniors
III. Raise medical healthcare contributions

QUESTION 2.
According to Davidson, the republican and the democrat philosophies are two fundamentally different economic philosophies that impact the debt crisis faced by the United States. In his opinion, the republicans want a system in which the government’s only job should be to create an efficient society, whereas the Democrats aim at making sure that everyone lives in an “equitable, fair society”. I think I would agree more with the Democrat philosophy because equity and fairness to everyone is a key public value outcome in every society.

QUESTION 3.
The two fiscal issues that are hyper-partisan are as follows:
I. Military defense spending.
II. Issues of taxes
- The parties are so divided chiefly because they have extreme opposites points of view on several issues.
- On the issues, I lean towards the Democrat view.

QUESTION 4.
Towards the end of his talk, Davidson says he fears that the longer we delay any solution, the more the world will look to the U.S. not as the bedrock of stability in the global economy, but as a place that can't resolve its own fights. He explains that the higher interest rates are going to be, the quicker we're going to have to face a day of horrible calamity.

Answer from: Quest

its simple as this, microeconomics is the study of economics at an individual, group or company level, macroeconomics on the other hand, is the study of a national economy as a whole.

hope it =^-^=

Answer from: Quest

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

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Davidson offers several solutions to the major issues, stating that fiscally we are actually not a n...

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