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.
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The government shouldn't just throw money around or give all the money to the richest people and companies under the guise of "too big to fail." Money should be put into the average person to instill confidence in the economy and facilitate the recovery.
@8G5NWZP5yrs5Y
Yes, but abolish corporate subsidies
@9FPDB8R2yrs2Y
Depends on the circumstances that lead to the recession.
@94K5QZ43yrs3Y
As long as it’s not considered a loan that needs to be paid back.
Switch to socialism and nationalize private sectors
@8Z9XYBY3yrs3Y
Yes, but only for people who have lost their jobs due to recession. Eliminate loop holes and incentivize when a new job is found.
@LegalizeFreedom4yrs4Y
Yes, if it gets really bad
Yes; through progressive direct payments, debt suspension, and corporate/investment profit redistribution. Corporate nationalization and asset seizure extending to executives and board members should be available but limited to the worst hit sectors.
@8VYGG944yrs4Y
Yes, this is a job that was assigned to the government to protect what we have so it is already their own job to do this for their citizens.
@8QCBF654yrs4Y
No, stimulus causes economic inflation that damages the nation's currency
Deleted4yrs4Y
No, except maybe for the poor.
@8MCGC385yrs5Y
Not in the normal rise and fall of our economy. With an catastrophic unlearn event like COVID, yes to a point
@8JL5QRG5yrs5Y
Yes but only to those who request it.
@8DRGB645yrs5Y
Yes, but abolish corporate bailouts
@8DGRRDH5yrs5Y
Yes, but not in bailing out corporations
Yes, as long as the government does not bail out corporations or the wealthy
@8YP2J5N3yrs3Y
No economic restrictions should be in place to prevent those on Wall Street/Washington to take financial advantage of economic recessions.
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