Fiscal Policy: Can We Control The Economy?
Videos are generally available for preview to non-members as short clips. Limited full-length titles are also available. Log In to view the full length title.
Browse Full-length Non-member TitlesPart of the "Economics USA" series. In 1954, relying on "automatic stabilizers," President Dwight Eisenhower withheld raising taxes in order to encourage consumer spending. In the 1960s, newly-elected John F. Kennedy and economic advisor Walter Heller pushed Congress to approve a $12 billion tax cut stimulus. The Employment Act of 1946 was the first time that government tried to employ fiscal policy. But, by 2010 economists disagreed about whether fiscal policy was dead, as they argued over the success or failure of President Obama's stimulus plan. These stories are all examples of how government attempts to fine-tune tax and spending policies to reduce the severity of business-cycle fluctuations.
Media Details
Runtime: 28 minutes 46 seconds
- Topic: Business, Social Science
- Subtopic: Economics, Finance and Banking, Government
- Grade/Interest Level: 11 - 12
- Standards:
- Release Year: 2012
- Producer/Distributor: Annenberg
- Series: Economics U$A
- Report a Problem
Available Resources
Related Media

Boom And Bust: Who Can Explain The Business Cycle?

The Great Depression And The Keynsian Revolution: What Did We Learn?

Fiscal Policy: Can We Control The Economy?

Productivity: Can We Get More For Less?

Profits And Interest: How Do You Get The Best Return?

International Trade: For Whose Benefit?