Why Does The Government Try To Manage The Domestic Economy

Max: Now that we have taken care of fiscal policy we must acknowledge the second half of the efforts to pull ourselves out of the recession. Monetary policy! Monetary policy is the action of the federal Bank of the United States of America to manipulate the economy using the three tools. The three tools are open market operations, discount rate, and reserve requirements. The most commonly used tool is OMO’s, the fed buys bonds from the federal government and then sell to the public. With the profit they make from the bonds sold to the public they buy more bonds. And then it continues in this cycle.

We all know that the United States of America is one of the top powerful countries. As a powerful nation we need a strong army, fierce military forces and the enough power to use international seas and air. Also, our country must be able to protect us in any case and protect us from enemies that want to challenge our interests. According to the 2015 Index, USA can not face two major regional contingency (MRC) because we don't have the sufficient strength to face it and we are not ready to do our duties productively. Military power is about the people and the equipment necessary to control including weapons, airplanes, ships and communication systems. If the US is not able to use all this with objective and competency, we will lose. In order to

(background)Military budgeting has been a longtime issue of these great United States, and with many countries abroad. Congress has long struggled to

In 2016, The CATO institute explained that “Americans spend more on the military today than at any point in the Cold War and spending is 36 percent higher than in 2000, with two-thirds of the growth in base spending.” According to the organization of national priorities “U.S. military expenditures are roughly the size of the next seven largest military budgets around the world, combined.” The reason we spend so much on our military is because we are in a strategy called primacy. This strategy of primacy makes U.S. security ambitions too broad. It requires a large U.S. military, with units permanently deployed all over the world. The United States does this so that they will have the capability to quickly strike anywhere.The strategy of primacy is basically the idea that we are worlds police force, being

Robert Kagan’s article “The Importance of U.S. Military Might Shouldn’t be underestimated” examines whether or not implementing defense cuts would be good for the US national interests. He argues that it would not be good idea due to the U.S’s use of the military force to help spread democracy around the world and upholding the international system. He fears that these defense budget reductions will lead to U.S. forced to cede power over to other countries due to the reduction of the U.S.’s ability to provide security. Kagan uses concepts from realism and idealism within his article to persuade his audience to persuade his audience that cutting the defense budget is a terrible idea.

Can the nation afford what it’s spending on funding the U.S. military? On defense and international security was spent about $718 billion by the U.S. government in 2011 (Plumer). The U.S. is now spending more money than at any time with a defense budget exceeding $700 billion (Erwin). Defense amounts to 4.8 percent as a share of the U.S. economy (Erwin). Innumerable amounts of money are being funded to the U.S. military because it has spent more on defense than any other place, has a big land area used by U.S. bases and facilities, and 70 percent of the budget goes to defense contractors alone.

America most rebuild its defense. Diplomacy and economic powers are more effective when supported by a military force. The U.S. military is being reduced while its technological advantage is being tested by adversaries. If we as a nation want to protect our interest, we need a military of adequate size, resources, and readiness to deal with not only threats that are known but also inevitable surprises. So we need to increase military readiness across the board. We need to reprioritize defense spending’s while pursuing reforms to the Pentagon and the Department of Defense to make it more efficient.

Through making appropriate changes in monetary policy the Government can influence the level of economic activity. Monetary policy may also be expansionary or contractionary depending on the prevailing economic situation.

Monetary policy is a policy the Federal Reserve Board enforces which consists of changes in the money supply which influences the interest rates in the economy. This can help control the overall level of spending in the economy. Monetary Policy focuses on achieving and maintaining price-level stability, full employment, and economic growth.

Stimulating, keeping balance, and influencing our economy are only a few things our nation strives for when it comes to regulating our economy. Two of the powerful tools our government uses in getting our countries economy in the right direction are fiscal and monetary policy. Both of these policies are extremely effective in their own ways and when used together can only help an economy more than harm it. Taking a closer look at the policies individually, the fiscal policy seems to have a bigger role in regulating the economy. Through government management the fiscal policy seems to hold up its part of the deal and betters the economy in the long run.

U.S. security strategy is largely buoyed in maintaining a robust and expensive expeditionary capacity on land and sea. In the wake of the global financial crisis and record national debt, discretionary defense spending is highly subject to cuts as evidenced by budget sequestration. Attempts to mitigate reduced spending against U.S. security interests and commitments were made resulting in implementation of several offset strategies. These strategies range from President Eisenhower increasing nuclear capability in the 1950’s to Deputy Secretary of Defense Robert Work redesigning defense procurement in 2015. Regardless of these efforts the resulting U.S. deficit and continued demand for domestic entitlements will require an evaluation of the viability of maintaining American global primacy versus adoption of a multipolarity system requiring a reduced international

The Cold War had split the world in two halves and had broken traditional concepts of power. Therefore, it was possible for USSR to be a military superpower and at the same time an economic dwarf. Contrastingly, Japan was an economic giant and militarily irrelevant. The post-Cold War world changes these patterns. On the one hand, the victor of the Cold War (USA) is still the world’s leading superpower, however, its relative military power is steadily diminishing and without a clearly defined enemy, the voices calling for cuts on the US military spending are getting louder. The ISIS and the post 9/11 terrorist threat are merely slowing down this process.

Fiscal policy is the government use of taxing and spending to meet economic goals, and deals with making and enforcing laws about taxes and spending. Monetary policy is Federal Reserve actions that monitor and control the U.S. money supply to meet economic goals, and deals with money supply using discount rates, reserve requirements, and open market operations. They are alike in the aspect of the United States government dealing with money, but are different because fiscal policy is a tool of the federal government through the legislative/budget process in Congress and enhances laws

There is no doubt that military industry is one of the fundamental pillars of supporting national security of countries. It is maintaining their independence, security and development. As for the elements of national security Is vary from one country to the other, because each country has different circumstances and characteristics. However, there are common denominators among the countries in national security in general, and national security outlines are about to be similar. The United States is based on stable principles of security strategy, which adapt according to dictate attitudes, Variables, and developments. The economy plays an important role in formulating the US Strategy. Focusing on the US doctrine, is guiding to discover the

2. Fiscal policy is considered any changes the government makes to the national budget in order to influence a nation’s economy. until the Great DepressionThe government tried to stay away from economic matters as much as possible and hoped that a balanced budget would be maintained.After the Great Depression , economists decided that something needed to be done about the government involvement in U.S. economic affairs. The U.S. looked to the influential views of economist John Maynard Keynes to help fix the crisis the country was in, as well as to prevent it from happening again. In modern times The United States government has tended to spend more money than it takes in. Conservatives generally favor monetary policy as a stabilization tool, as they consider fiscal actions as synonymous with spending on wasteful social programs, budget deficits, government borrowings, higher interest rates, and the crowding out of useful private investment. Liberals, in contrast, consider monetary policy too slow and weak to