Discussion 1Between 2007 and 2009 the U.S. economy experienced a severe recessio

Discussion 1Between 2007 and 2009 the U.S. economy experienced a severe recession. In an effort to stimulate the economy the federal government passed a stimulus package. Explain the federal governments use of fiscal policy (the stimulus) to promote growth and employment. Support your ideas with concepts found in the assigned reading. Include the following in your response:Discussion 2Between 2007 and 2011 the federal budget deficit grew from $160.7 billion to $1299.6 billion and the national debt grew from $8.9 trillion to $14.8 trillion. (Figure 10.1: The ratio of debt to GDP 1977-2011.)In your post differentiate the budget deficit from the national debt. How do you think the increases in the budget deficits and the national debt will affect the economy in the future?