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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@8Q9XCNW4yrs4Y
Yes, but the current way of doing it is garbage. Cut all foreign aid and all aid that goes to large corporations and give it to lower-income American people who can't work during the pandemic.
@PepperflyLibertarian5yrs5Y
No. Change the banking industry to mitigate recessions; convert and eliminate dubious compounding interest loans to simple interest only to help debtors free up money that they can then spend in the economy, rather than allowing the companies that get bailed out to keep ripping off consumers of their stimulus money.
@8GGSQMV5yrs5Y
Yes, but in the form of employing those furloughed and unemployed for community service projects
@9MJDCRXRepublican12mos12MO
Yes, but in the form of tax breaks for low-income citizens, (i.e. those who make less than 69k a year)
@9KB979SRepublican1yr1Y
depends on where the money is coming from. if were giving printed money then we shouldn't, if its money that we already have printed then yes
@9J2PW83Republican1yr1Y
recession should be combatted by a balance of inputs which include but are not limited to some limited stimulus counteracted by other actions
@9HVNPSM1yr1Y
I don't disagree with using economic stimulus, however, during COVID, stimulus checks were being given out for way too long.
@9HF2BQKRepublican1yr1Y
Depending on situation, if high risk of economic failure there should be stimulus but not often because to much will also hurt the economy through inflation
@9HDW4B31yr1Y
Personally very conflicted on the issue. It has its benefits but if left unchecked it can actually make the situation worse. I think it should but it should be very limited and expire the moment the recession is over.
@9DPYCS7Republican2yrs2Y
The government should have reinstated the WPA to give jobs to those that were laid off and by having them work on the infrastructure of American it can help the economy grow better then before.
@9DMH6BMRepublican2yrs2Y
Yes but give it to employers
@9D8S5QHRepublican2yrs2Y
No. We can’t really afford it right now and stimulus checks make inflation worse.
@8V6F6VLRepublican4yrs4Y
Yes, but there has to be a limit otherwise people will take advantage of the system.
@9B6VCD22yrs2Y
all depends if they will still work yes but if not then no
@95YR7YMRepublican3yrs3Y
If stimulus is warranted then it should be to spent on cost of living bills, housing and food.
@95V9M5R3yrs3Y
Yes, but only if its severe
@95FRR2JRepublican3yrs3Y
The govt should bulk up infrastructure in times of recession along with giving everyone a break on taxes to take off some of the pressure that comes with rapid inflation
Switch to socialism and nationalize private sectors
@948JWCP3yrs3Y
No, the government should not because that will only put our country in more debt in the future. This has been proven with gas prices and many other things.
@93T3Z7DRepublican3yrs3Y
It depends what the cause of the recession is. Government response should be targeted at the root cause of the recession or the direct byproduct
@93MPHXHRepublican3yrs3Y
There should be no set stance as each situation requires a different response
@93H8THBRepublican3yrs3Y
No. Corporate welfare enables the type of behavior that causes recessions
@92XMZSGRepublican3yrs3Y
depends if we like them or not
@8ZYWFTFRepublican3yrs3Y
Yes, in the form of tax breaks or other ways to boost recovery, however the government should not over-spend and give citizens a chance to find jobs and other ways to economically recover.
@8ZG6BC2Republican3yrs3Y
As long as they're not under authoritarian regimes.
@8ZFCV4T3yrs3Y
Only if they really need it
@8ZBGTM3Republican3yrs3Y
Yes, but only to a limited extent to avoid reliance on the government
@8YSQQPSRepublican3yrs3Y
Yes, but Stimulus should be for private citizens and small businesses, not Corporations
@8Y4NRY6Republican3yrs3Y
Stimulus should equal all the wages lost.
@8Y2TFHHRepublican3yrs3Y
Yes but without overdoing it because people need to quit being lazy and go back to work
@8XRN9YGRepublican3yrs3Y
yes but only for the ones who really need it and have resrictions on what they can buy
@8XM9QXCRepublican3yrs3Y
The government should pay the people who lost their jobs and are in need. but when the recess ends and people can get their jobs I think the government should help people get their jobs back and not pay them unless it's 100% necessary.
@8XDBXNGRepublican4yrs4Y
Yes, but for a limited time
@8XCZGJNRepublican4yrs4Y
The government should provide stimulus to people and not companies
@8X83JWKRepublican4yrs4Y
Yes, but do not spend too much and focus more on getting people back to work rather than throwing money at the middle class
@8X39G5N4yrs4Y
But dont use it as an excuse to continue burning money..
@8WQ95YCRepublican4yrs4Y
yes but not as crazy as we do now
@8WMMY79Republican4yrs4Y
Yes by only sending stimulus payments to US citizens
@8WJJ2SHRepublican4yrs4Y
Yes, but don't go over 1 trillion dollars
@8W6KDS94yrs4Y
Yes, but they should minimize the amount of money that they give to each family, giving them a boost in their financial situation. It would also be helpful to lower taxes in these times of need.
@8VYPRLZRepublican4yrs4Y
fair taxes does away with income tax
@8VNP8MTRepublican4yrs4Y
El gobierno deberia intervenir para impulsar una recuperacion con paquetes de estimulo y dar cobertura a los más desprotegidos
@8VHXJXG4yrs4Y
No, but I will take money if it is given to me
@8VDM9XK4yrs4Y
they need to regulate who gets it if you sit on your *** and don't do a damn thing then thats their problem
@8V9HBCWRepublican4yrs4Y
Yes, but in the form of: 1.) tax breaks for all citizens; 2.) assisting sectors most heavily hit by recession; and 3.) reducing government spending during recessions
@8V9HBCWRepublican4yrs4Y
Yes, but in the form of: 1.) tax breaks for all citizens; 2.) assisting sectors most heavily hit by recession; and 3.) gradually reducing government spending during recessions
@8V5L3MQRepublican4yrs4Y
Yes, but only to get through a crisis
@bacampbellsoup4yrs4Y
Yes but in the public sector and later transferred to the private sector.
@8TMWCWVRepublican4yrs4Y
Yes if it was a government induced recession (COVID lockdowns)
@8TL74GXRepublican4yrs4Y
Yes, but as little as possible.
@8THWK9N4yrs4Y
Yes, but by lowering interest rates and taxes and then sending out stimulus checks
@7WXBLXCRepublican4yrs4Y
Yes but only if it's caused by external factors (ie Covid) and is approaching a depression.
@8SZBCF7Republican4yrs4Y
Yes but it should well thought out and not in a way that hurts the economy of the country in whole.
@8SSB3KLRepublican4yrs4Y
yes, only when absolutely necessary
@8SRC9Z7Republican4yrs4Y
Only in times of extreme emergency
@8SJC66Q4yrs4Y
american's don't need stimulus we need to reopen the economy, americans need to stop using covid as an excuse
@8SBLVY34yrs4Y
I would say yes to a certain point. As of now there are plenty of jobs to go around and the government at this point is just giving out free money. They are teaching bad habits to our workers.
@8S9VWF4Republican4yrs4Y
Yes, but have a cut off at some point so people stop mooching off of unemployment
@8S8JG9YRepublican4yrs4Y
In this latest plandemic wealthy BIG corporations profited and the tax payer was not allowed to work. Wealth disparity increases
@8RYRGD4Republican4yrs4Y
yes, but clarify that they will pay back the money at some point
@8RV584VRepublican4yrs4Y
Yes. Recession is a natural cycle, but relief can aid recovery.
@8RRSCBHRepublican4yrs4Y
only if it is beneficial
@8RQPB224yrs4Y
@8RNS52CRepublican4yrs4Y
If the government created the recession then yes
@8RNSG6LRepublican4yrs4Y
yes, however not everyone who gets it needs it, so the money should go to families with little money, not wealthy people
@8RFR7CSRepublican4yrs4Y
No, but the covid recession is an exception because the economic damage was partially caused by government.
@8R9QRXBRepublican4yrs4Y
Yes, but in the form of tax breaks for all citizens, further reductions of tariffs and regulations, and assisting more small businesses instead of giving bailouts to large corporations.
@8R8MHJK4yrs4Y
No, the government is the culprit in recessions that are bad enough to justify an economic stimulus.
@8R7F5Y7Republican4yrs4Y
No, that makes Americans are too dependable on the government and that goes against what we believe. There shouldn't be stimulus and there shouldn't be lockdowns
@8QTFTCM4yrs4Y
Yes, and defund foreign aid to do it.
@8QRXS6S4yrs4Y
Yes, but only if the government induces it.
@8QPBT4RRepublican4yrs4Y
No, normally it shouldn't, but with covid you can see a use for it, especially after government shut down many jobs
@dillonraganIndependent4yrs4Y
Yes, but it depends on the severity of the recession
@8QMFX5JRepublican4yrs4Y
Yes, but in the form of tax breaks for all citizens and giving financial aid to assist sector most heavily affected by the recession.
@8QLW3DVRepublican4yrs4Y
Depends on the nature of the recession
@8QKFZQ94yrs4Y
Stimulus should be used for necessities
@8QCB9GGRepublican4yrs4Y
Yes if it was caused by the government they should give stimulus
@8QBTSBBRepublican4yrs4Y
Yes, but only if there is no way for people (who are willing to work) to work.
@8Q9GLTXRepublican4yrs4Y
Yes, for this country only! There should never be an unplanned taxation for our citizens due to crisis for another country. Citizens do not have time to research for support or against a proposed bill.
@8Q6LVTMRepublican4yrs4Y
No, govt has proven they are inept on where to send money
@8Q599RK4yrs4Y
Yes, but don't raise taxes; instead, take the money that the corrupt politicians are giving to foreign terrorist countries like Afghanistan and Pakistan and give it to the people. Also, fire the politicians who support foreign aid.
@8PNP4DB4yrs4Y
Yes, but in the form of tax breaks, infrastructure spending, protectionism, and Arms manufactoring.
@8PMXWMCRepublican4yrs4Y
by tax cuts for all and infrastructure projects
@8PHCQYFRepublican4yrs4Y
Yes, Only in severe cases of recessions like covid-19 and there should be cut off point.
@8PDJJJHRepublican4yrs4Y
No, because people will abuse that advantage.
@maxfern414Republican5yrs5Y
Yes, but only in times of extreme economic hardship
@8N7RNFRRepublican5yrs5Y
Yes when it it majorly needed because people will just stop working
@8MYY52BRepublican5yrs5Y
No, there are other ways they can aid the country instead
@realanthonyxRepublican5yrs5Y
It depends on the kind of recession. For example, if there is a worldwide virus pandemic, and the government in many areas of the United States have lockdowns in place preventing people from working, then the government is constitutionally required to compensate the workers for lost wages, and that could come in the form of stimulus. In other recessions where government lockdowns are not ordered, my answer to this question would be yes, in the form of tax breaks for all citizens.
@8M83RSPRepublican5yrs5Y
Only those that pass a test of urgent need. No for everyone.
@8M825GQRepublican5yrs5Y
It should be in the form of tax breaks for all people and companies that apply, just as they would for stimulus.
@TheMediatorRepublican5yrs5Y
Yes, as long as it is affordable, and will not have a great adverse impact on the federal budget.
@8LM4BVWRepublican5yrs5Y
It should benefit all if a stimulus is given. I have not benefited and I’m a single mother of 2, 1 currently at OSU and the other entering the Marines.
@8LCN7DMRepublican5yrs5Y
Yes, but in the form of a debit card with an expiration date. Therefore, the citizens that need assistance have it.
@8L72YLGRepublican5yrs5Y
yes but do more background checks because people used the stimulus to make a lot of money even though they didn't need it
@Klb5145yrs5Y
Don’t know enough about how it boosts the economy vs adds to the national debt.
@8KN97NXRepublican5yrs5Y
Yes, but include incentives to return to work and not rely on stimulus
@8JSQKBLRepublican5yrs5Y
Only in dire circumstances
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