Fiscal policy can decrease unemployment by helping to increase aggregate demand and the rate of economic growth. Demand side policies are critical when there is a recession and rise in cyclical unemployment.
A quick list of policies to reduce unemployment:
Monetary policy – cutting interest rates to boost Aggregate Demand (AD)
Fiscal policy – cutting taxes to boost AD.
Education and training to help reduce structural unemployment.
Geographical subsidies to encourage firms to invest in depressed areas.
Lower minimum wage to reduce real wage unemployment.
More flexible labour markets, to make it easier to hire and fire workers.
<span>Joe realized he wasn't as young as he used to be. He started to pick on Janie because of his fear of his own age.</span>
George Washington did not want to accept the presidency that the people wanted to give him for fear of becoming a tyrant himself, just like King George II of England, from whom they just declared themselves independent from. When he became president, he made an example by only taking 2 terms and then refusing to continue being president. It wasn't until much later that a law was introduced to prevent any single president from serving more than 2 terms.
