Difference between revisions of "Economic stimulus"
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| − | '''Economic stimulus''' measures such as [[spending bill]]s or [[tax cuts]] are reforms | + | '''Economic stimulus''' measures such as [[spending bill]]s or [[tax cuts]] are reforms said by promoters to be designed to improve the economy. Of course, not all such measures succeed. Some can actually depress the economy, e.g., by reducing incentives for investment. Congress is sharply divided as to the wisdom of the [[American Recovery and Reinvestment Act of 2009]].<ref>On Jan. 28, 2009, the House of Representatives passed an $819 billion stimulus plan by a vote of 244 to 188. The measure passed without a single Republican vote in favor. [http://topics.nytimes.com/topics/reference/timestopics/subjects/u/united_states_economy/economic_stimulus/]</ref> |
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Revision as of 12:54, February 13, 2009
Economic stimulus measures such as spending bills or tax cuts are reforms said by promoters to be designed to improve the economy. Of course, not all such measures succeed. Some can actually depress the economy, e.g., by reducing incentives for investment. Congress is sharply divided as to the wisdom of the American Recovery and Reinvestment Act of 2009.[1]
