Introducing 

Prezi AI.

Your new presentation assistant.

Refine, enhance, and tailor your content, source relevant images, and edit visuals quicker than ever before.

Loading…
Transcript

Role of Monetary Policy

-Took restrictive monetary action because of inflation

-Increased interest rates

-tightening money supply

-Cut expenditure programs

Effects of Policies

-Johnson had much success with his proposals in Congress because of a mostly democratic Congress

-Inflation continued to increase throughout the time Johnson was in office

-At the end of his term the inflation rate was 5%

Response to Issues

-Initiated War on Poverty programs

-The Great Society Programs

-Increased taxes

-Increased social programs

and spending

Economic Problems

Economic Views and Philosophy

Alignment with Macroeconomic Theory

-Inflation as a result of the Vietnam War

-Poverty

-High Unemployment

-Slow Economy

-Rising medical care costs

-Kennedyesque

-Increase Education

-Positive,ambitious government

-Increase social expenditures

-When they were in an inflationary gap the Fed increased interest rates and tightened the money supply

-The government increased taxes as a result of the inflation

Lyndon Johnson's Economic Policy

Learn more about creating dynamic, engaging presentations with Prezi