I have learned that the government does have quite a bit of control over the economy, in fact, they have a lot more than I thought. They can control the economy in several different ways such as: Spending money, not spending money, or regulation. One issue with this topic is that I am being pulled too much into the debate over how much control the government should have. Although I am interested in this debate, it is not my topic. I have also learned about certain forms of government and their successes or failures with their economies. For example, I talked a good amount about the Keynesian form of government in which the government spends massive amounts in order to assure high employment levels.
What are some others examples of regulation that the government has either put into effect, or at least tried?
How much does the government's role in the economy depend on what political party is in office?
How much of those decisions are made by the president?
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