As the senior President advisor, I will advise President to take 4 actions:
1. Lowering interest rates,
2. Reducing taxes,
3. Increasing government spending in specific target only, and
4. Buying bonds.
However, all these actions may have side effect. For lowering interest rates, this will eventually attract more investors to invest into production, reducing unemployment rate along the way, and encourage consumption, but President must aware there is high chance this will affect the whole economic system flow. President must cooperate with Federal Reserve for this specific action to negate of negative impacts may happen and let Federal Reserve more concern about their duty and task to deal with interest rates. Reducing taxes, not only personal taxes but also corporate taxes may trigger the spending power of the households and businesses because their budgeting expense increases. Of course, the government income also may have deficit and cause higher inflation. President must cut-off the expenditure for unnecessary expense from all sectors such as cultural activities, diplomacies, government press meetings, hosting dinners, etc. Tighten up the budget and keep low the government debt. Government must spending the budget into healthcare, education and technologies sectors because it effective to help the economic growth as people need healthy to keep productive, education to maintain career competitiveness and technologies to sustain the modern area growth competition. Government must care into domestic area to stimulate domestic production and buying more local goods even it is higher than import, maintain import level as lowest level necessary while increasing export. Government may buy more bonds; it can increase the money supply. Sell bond can raise the bank reserve as it will restrain the economic growth. All these action combines to stimulate the