Answer:
Republicans will claim that such a large spending in infrastructure could be inflationary mainly because of two reasons:
1. If most of the infrastructure bill is financed by money creation from the Federal Reserve, it could always exist the risk of higher inflation due to the growth of the money supply in the economy.
2. If the economic recovery goes faster and better than expected, then, such a large spending bill could theoretically overheat the economy, and cause inflation.
Both of these reasons are highly debatable, and are contentious not only among politicians, but also among economists.
Answer:
he had public support to continue his social programs.
Explanation:
During 1964, Lyndon Baines Johnson was elected as the president after the assassination of President John F. Kennedy. He wanted to improve the standard of the living of the African Americans. The African Americans were kept under delusion and were prohibited to cast their voting rights. They were restricted to give their votes. After the passing of the Voting Rights Act under the presidency of Lyndon Baines Johnson, the Blacks were not provided with the equal rights. President Johnson believed that the act would give him the support from the public.
