User: Laissez faire" economics recommends (Points : 1) higher taxes. lower taxes. allowing a free market to operate. strict wage and price controls.

Weegy: allowing a free market to operate.

The U.S. economy is another example. The laissez-faire policy would have recommended cutting taxes on businesses and wealthy individuals, cutting federal spending, and further reducing federal regulations. Does anyone really believe that the way out of this $2 trillion GDP hole is to just cut taxes and cut federal spending? The U.S. economy needs stimulus - lots of stimulus - to compensate for the $2 trillion recession hole - not just tax cuts that may or may not be invested in domestic assets.www.dailyfinance.com/2009/03/04/is-this-the-end-of-laissez-faire-capitalism/
Auto answered|Score 1