Surname 1
Student’s Name
Professor’s Name
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Online Discussion
D 1
Basing on the argument of Stacy Meichtry (1), I can confidently say that the European
Union has the microeconomic potential of making decisions that can make the union stronger
and beneficial to every member state. For instance, the union has the power to make changes that
ensure that there is proper allocation of resources and that member states co-exist peacefully. As
a way of illustration, Meichtry (1) says that the union is working on countering nationalist parties
through mounting a vigorous defense of the union and its single currency. As well, the EU has
the potential of recovering its image from a low point following its economic decline from 50%
to 35%.
D2
According to Martin Feldstein (1), extreme budget outlays serve as the greatest obstacle
that is confronting the new administration on the economy. Feldstein (1) says that personal and
corporate tax cuts will tremendously boost growth and development of the US economy, though
the national debt will rise if budget outlays of the country are not reduced. Also, the United
States is experiencing local pockets of high unemployment. The economy of the US as a whole
is also at full employment with a 4.9% unemployment rate caused by inadequate investment and
