Its the Aggregate Demand, Stupid by Bruce Bartlett Assignment - 1

Its the Aggregate Demand, Stupid by Bruce bartlett - Assignment ExampleMoreover, the author articulated that the aggregate demand is the study element with treasure to the current economic condition that can create jobs and stimulate economic growth of the US.Throughout the article, Bartlett has critically explored the issue concerning the economic growth and downfall of the current labour market of the US. According to the article, it has been perceive that the lack of focus on aggregate demand along with insufficient investment and immaterialized consumption intake have to lead to a major downfall of the economy. The current economic policies of the nation are find to be insufficient to address the needs of creating jobs and stimulating economic growth. However, the only effective measure to secure this goal is perceived to be related to increasing aggregate demand. According to the theoretical context, it is often attributed that the trim down growth in the annual consumer spending good creates major vulnerabilities in the inflation rates that causes major debacles in the economic growth (Bartlett, Its the Aggregate Demand, Stupid).In relation to the current insurance measures of the Federal Government, the article reveals that Administration is centrally focused on maintaining average growth rather to substantially increase the level of annual consumer spending in the US. However, the mechanism is quite difficult due to the emerging level of unemployment within the states. Therefore, the existing administration is significantly inviting major risk for the nation due to its indemnity directed towards increasing savings while lessen the consumptions of goods and services by household, business and government. Although the policy of reducing aggregate demand promotes increasing household savings and maximizing the wealth, in long run, the process inadvertently calls for a major financial debacle in the nation.