Problem
1. The United States has been experiencing very low or even negative savings rate during the recent past. If this situation persists, what does it means for future generations?
2. A Council of Economic Advisers post on January 15, 2010, stated that "The American Recovery and Reinvestment Act [...] was the boldest countercyclical fiscal action in American history. [...] the Administration is committed to taking every responsible measure to spur job creation." Comment on the characteristics of the Obama administration's economic policy. Is it an activist or nonactivist policy?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.