Discussion about the First “Fiscal Stimulus
The purpose of this discussion is to give you an historical perspective of the first time our country used what we now refer to as Keynesian Theory and created a fiscal stimulus called the New Deal
STEP 1: Go to the FDR’s Inaugural Speech ( http://www.historyplace.com/speeches/fdr-first-inaug.htm
STEP 2: Go to FDR’s New Deal Speech ( https://youtu.be/h5Pls1Xc3bw.)
STEP 3: Post your thoughts about the two events. How did they reflect what we now know as fiscal policy? What did Roosevelt what to do to help stimulate the economy? Do you see any similarities to our current economic policies