My original plan was to go to gym to work my weekend routine out, but decided to take rest for another day because I didn't feel well yesterday when I was there.
Seahawks hadn't played a competitive game in the first half but caught up at the end of it. In second half, they sacked Palmer twice in Cardinals' red zone and capitalized by two touchdowns.
However, they lost at the end, which wasn't a surprise to me. It's a typical result of a NFL game.
Well, everyone will start another new week before Thanksgiving comes over. Let me wrap Sunday up with my Presidential Campaign by getting into Macroeconomics.
Macroeconomics examines the overall behavior of the economy. Before Great Depression, economy was in a self-regulating economy, so Macroeconomic theories barely existed. After it, Keynesian economics was invented, which led to government interventions through managing Monetary Policy and Fiscal Policy.
Business Cycle is a process from the peak of Expansion to drop down to the trough of Recession to come back to the peak of Expansion through recovery.
Though Business Cycle has been recurring all the time and very painful because of the decrease of productions and severe unemployment, Long-Run Economic Growth has pushed living standards higher gradually.
Inflation and deflation both cause the problems for overall economy, so price stability is the goal.
International Trade Surplus and Deficit are not necessarily good or bad. The countries with deficit generally are more investing-driven, on the flip side, the countries with surplus are more savings-driven.
After going through these theories, my conclusions of our National Economy Plan from Macroeconomic perspective are:
- Encourage private sectors to compete freely;
- Keep current Monetary Policy unchanged;
- Adjust Fiscal Policy to reform tax system and boost government spendings;
- Minimize the impact of the next business cycle by controlling inflation within 1.5%;
- Shrink Trade Deficits to a reasonable level.
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