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Government spending has long been a major political issue. High spending by government contributes to economic growth, but it also contributes ti inflation. Proposals to cut government spending that have come before Congress in recent years have been hotly debated. Write a letter to your member of Congress that makes an economic argument for or against cuts in government spending, and use some of the content vocabulary from this lesson in your argument.
What is the misery index and is it official or not, and when does it usually reach a peak?
We have to explain:
a) what the misery index is
b) whether it is official or not
c) when misery index usually reaches its peak
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