Question #107c5
1 Answer
It depends on what strategy is adopted.
Explanation:
From a conservative Republican perspective, massive tax cuts would be seen to bolster the economy. People would have more money to spend and a trickle down effect from the rich would lead to more jobs being created as demand for goods increased. This was reflected in the Reaganomics of the 1980's.
Couple with this would be protectionism as advocated by Trump whereby American industrial production would take precedence in trade agreements, over foreign goods, thus protecting and creating American jobs.
From a liberal Democratic perspective, investment in the infrastructure through substantial increases in Federal spending would create jobs and improve the well-being and standard of living of Americans. Examples would be Roosevelt's New Deal in the 30's and Obama's health reforms in the last decade.
