President Obama Should Not Be Satisfied Until

Decent Essays

President Obama

“President Obama will not be satisfied until every American who wants work can find a job. That’s why he is working to grow our economy, so middle class families feel confident in their futures and their children’s futures.”

I think this statement is mercantilist statement because he is argument about rationalizing the course of action of a government. He is saying that the government attempts to influence the economy. The national budget generally reflects the economic policy of a government, and it is partly through the budget that the government exercises its three principal methods of establishing control: the allocate function, the stabilization function, and the distributive function. In this case it is jobs for American families.

“The President recently called for concluding the Doha round of trade negotiations, a large component of which is related to opening up agricultural markets around the world. This would require countries to reduce protective tariffs and distortive subsidies in their agricultural sectors. More open trade allows the highly productive U.S. agricultural sector to export its products more easily. Further, the United States tends to have lower barriers to trade than many other countries. As discussed previously, the change in access that has

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