I have an economic policy that will facilitate economic progress

The American population is under the constant notion that our policy makers can wave a magic wand and create economic prosperity. However, the politicians on Capitol Hill fool themselves and their constituencies, whether it be a buttress to their hubris or otherwise, into believing that the pen alone can promote economic growth. Adherents to the preaching of Reaganomics cite that tax cuts and deregulation of industry promote growth. Interestingly enough, when president George Bush pursued similar policy initiatives, economist from around the country convened to construct the Economists' Statement Opposing the Bush Tax Cuts, which in summation stated: In 2003, 450 economists, including ten Nobel Prize laureate, signed the Economists' statement opposing the Bush tax cuts, sent to President Bush stating that "these tax cuts will worsen the long-term budget outlook... will reduce the capacity of the government to finance Social Security and Medicare benefits as well as investments in schools, health, infrastructure, and basic research... [and] generate further inequalities in after-tax income." The position I would like to pursue is to promote economic growth through the only Government institution that has been proven to have a direct impact on the economy: The Federal Reserve. In his article, How the Federal Reserve Can Help or Hurt the Economy , Josh Bivens indicates that the Federal Reserve has the power to not only expedite post recession recovery but also catalyze necessary growth: "In the short run, the Fed should keep providing support to economic activity and jobs until we reach a genuine full recovery from the Great Recession. At a minimum, this means keeping short-term interest rates low until wage growth is in line with the Fed"s overall inflation targets and the labor market is back to pre"Great Recession health." Furthermore, my economic policy is as follows; 1) Promote spending by making it a more feasible supposition: It is a generally accepted notion that since 2009, the United States has experienced a general upward trend in economic growth,GDP, and spending. The reason for this upward trend is the fact that interest rates have been virtually zero. Without the worry of having to pay exorbitant interest, the taboo of spending is lifted and consumers now have an incentive to spend more in the economy.This entail creates an environment that stimulates growth. 2) In addition to keeping interest rates low, we should invest in education. Another key facet to economic growth is continued investment in education. The name of the economic game is that of innovation. Innovation requires creativity ;creativity requires inquisition; and inquisition requires education. According to US News, federal spending on education, since 2011, has been cut by more than twenty percent. While we cannot yet quantify relative effects, we can predict that the United States will not be leading the charge in innovating tomorrow. If we continue to let children, the future of america, suffer, then we are only allowing our economy and our country to fall behind. 3)Lastly, we must focus on an investment in infrastructure With an economy driven by the transportation of goods, we must have a healthy transportation system. Our roads and highways, which once pioneered a sense of optimism and global leadership, now threaten to leave the United States in the dusty recesses of history. According to The Washington Post :"The gloomy bit: America's infrastructure only warrants a D+, with the ASCE estimating that we'll need to spend an extra $1.6 trillion between now and 2020 to patch things up." In order to grow, steps will have to be taken to create an efficient infrastructural system. Once we do, our economy will start to really grow. These are the policy initiatives that I wish to pursue and I believe they have the incredible potential to catalyze economic growth.