An economic stimulus is a monetary or fiscal policy enacted by governments with the intent of stabilizing their economies during a fiscal crisis. The policies include an increase in government spending on infrastructure, tax cuts and lowering interest rates. In response to the 2008 financial crisis Congress passed the American Recovery and Reinvestment Act of 2009. The Act included increased spending on energy, infrastructure, education, health and unemployment benefits. The Act will cost an estimated $787 billion through 2019.
Yes, the government should intervene to boost a recovery
Because if the recession of 2008-09 taught us anything, it's that government intervention during a recession will lead to people suffering from it during a lesser period then if it didn't.
The lack of government intervention before '08 is what led to it in the first place...
Yes the government should intervene to boost a recovery also tax breaks for everyone until the recession is over with then go back to what the current taxes are at the point in time also help the sectors that was hit worst during the recession and increases on infrastructure..
Yes, but not in the form of assisting those responsible for the recession and only in the form of increased spending on infrastructure and assisting any low or middle class worker who is fired, terminated, furloughed, let go, laid off, or have experienced a significant reduction in income that it causes them serious financial harm
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