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Leadership Defecit
Bush’s tax cuts increased the budget deficit and shifted the tax burden from the rich to the middle and working classes. These cuts further increased already high levels of income inequality. His leadership made the country more diverse. This was a form of fiscal policy because the government changed the tax rate. -
Budget: Financial Irresponsibility
In 2008 there was an extended period of financial irresponsibility that lead to the largest government bail out in U.S history. This is a form of monetary government because it deals with the government's money supply. -
Savings: Loans
Banks were offering loans to people who weren't qualified to receive them and the those people could not afford to pay them off. This if a form of monetary policy because this process is run through central banks.
