Part One Pretend you were hired to lead the President's Council of Economic Advisers in 2009.

Part OnePretend you were hired to lead the President’s Council of Economic Advisers in 2009. Using the macroeconomic statistics provided in the National Economic Trends June 2012 report from the Federal Reserve, write a well-supported two-page Executive Summary to the President of the United States on the state of the economy as you evaluate it in 2009 and what you believe his fiscal policy should be at that point in time. Using two of your three pages, include the following in your analysis:•