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 2016 Justin Trudeau proposed a stimulus package which he claims will raise GDP by 0.5 per cent and create 100,000 jobs.
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@9FQB6TFConservative1yr1Y
Tax breaks for all working people.
@9ZYVF3M3wks3W
During recessions there should be tax breaks for low income individuals and sectors heavily affected by the recession, but the government should also reduce spending excess.
@9WYDMSD2mos2MO
Yes, we can do more than 1 thing at a time, we can collectivize industry that has collapsed from the private sector, turn it around to become profitable and fund social programs but also as a right away thing protect thousands of jobs. tax breaks, spending more repairing infrastructure to attract businesses, assisting other failing sectors with wage subsidies and mortgage/rent freezing/coverage. theres a lot we can and should do to stop the awful symptoms of recession.
@9RZPX675mos5MO
as long as it goes to support the 60% of canadian who actually create the jobs, not govt consulting contracts
@9RFSJMHIndependent5mos5MO
Yes, to reasonably sustainable amounts that do not cause excessive increases in the national debt. This should also be coupled with paying down the debt during good times.
@9FQB6TFConservative1yr1Y
Tax breaks for all working people not just the poor. The working people are the ones keeping the country running.
@9FPVJCG1yr1Y
Fiscally responsible spending and balanced budgets in periods of high economic growth gives governments the flexibility to increase spending on infrastructure while reducing taxes in times of recession.
@9FB4M2C1yr1Y
Yes, but only for Canadian-born citizens and not immigrants.
@9F5KMPV1yr1Y
The government should be making sure people who lost their jobs due to a recession get a basic income to pay for their food, water, electricity and shelter. Quick action needs to be taken to ensure the economy gets back on track but not at the cost of cutting government funding.
@9DQSF441yr1Y
Yes and be helping in all areas of the economy
@9D8PLJBConservative1yr1Y
Yes, but in the form of tax break and subsidies
@9D536B21yr1Y
Yes, but in the form of assisiting sectors most hit by the recessions and tax breaks for low income citizens.
@9D4R2DY1yr1Y
Yes, but in the form of tax breaks for low income citizens; increased spending on infrastructure; and in the form of assisting sectors most heavily hit by the recession.
@9CQ8CWT1yr1Y
Collectivize failing industries, provide financial relief in the forms of debt forgiveness, tax breaks to the poor and middle income citizens and spending on infrastructure
@9GYSNHD1yr1Y
It depends on the different circumstances and what they call for. Not every economic recession or crisis can be solved the exact same way.
@9GNXXXT1yr1Y
Depends on the different circumstances and what they call for. Not every economic recession or crisis can be solved the exact same way.
@8ZR6F7T3yrs3Y
Yes. The best way to stimulate the economy is to raise the income of lower income individuals. A UBI at CERB levels (plus drug, dental) would stimulate the economy more than anything.
No, reckless spending worsens the economic downturn
@8T9NTX44yrs4Y
Yes, the government should intervene in order to boost a recovery. They should help in the form of assisting sectors most heavily hit by the recession, provide tax breaks for the poor and middle class, and by increased spending on infrastructure
@8SF7HN34yrs4Y
Yes, but in the form of tax breaks for low income citizens while assisting sectors most heavily hit my the recession.
@8RQRK5PConservative4yrs4Y
Yes, but in the form of tax breaks for private sector workers ONLY.
@8RGGHHQ4yrs4Y
Yes, but critical businesses that need to be saved should be nationalized instead of bailed out
@8R52NV84yrs4Y
Depends on how bad the situation
@8QTX67R4yrs4Y
Government intervention could be helpful, but the government itself needs to spend less too. They should not rely on tax breaks and citizens to aid.
@8QHTWWR4yrs4Y
yes but for citizens, not bailouts for corporations
@8QF74GY4yrs4Y
Yes, but not to bail out the banks, rather provide assistance to the people
@8Q28BQH4yrs4Y
I dont understand the question
@8PP6ZW74yrs4Y
Yes but to the ones who need it
@8PP4HKQ4yrs4Y
Yes, the government should intervene with an economic stimulus
@8DWMSNF4yrs4Y
Yes, but give the stimulus only to people end not to business
@8CCZXDP4yrs4Y
Yes, it is an investment in the overall well being of the country, and it citizens.
@8TYVGKZ3yrs3Y
Tax reform can prevent recessions
@9C4XQMM2yrs2Y
Yes, and give tax breaks to those in the higher tax bracket as well since these citizens worked hard to climb the ladder and earn a better living for themselves. These folks will also be spending their earnings at local stores, which injects money back into the economy.
@99G9S5L2yrs2Y
Yes, but with a mixture of assisting sectors hit the most by recession, tax breaks for low income citizens, and spending on infrastructure.
@98PQTLX2yrs2Y
Yes but the government should use the Treasury Department to manage money and financial risks in banks
@95TJW432yrs2Y
Yes with focus on self employed people.
@8ZR8QDRConservative3yrs3Y
No, government should lower personal and corporate taxes and reduce spending.
@8XMLGT43yrs3Y
Yes, but, if a deficit is incurred the debt should be paid back during times of strong economic growth
@8TXVXML3yrs3Y
No, the Government should just get out of the way of the private sector. In most cases.
@8TWKYN53yrs3Y
Yes in the form of tax breaks for citizens and drastically reduced spending on foreign aid.
@8TRZKDR3yrs3Y
Yes, but avoid asset inflation by using fiscal stimulus, not monetary stimulus.
@8Q7KDKN4yrs4Y
Yes, but in the form of assisting sectors most heavily hit by the recession, by providing tax relief for low income citizens, by investing in infrastructure, and by the government intervening in order to boost a recovery
@593CCZ54yrs4Y
No, government stimulus is bad for the market and tax payer, especially when government causes said recessions and depressions i.e. the great depression and great recession. That was government failure and is just failed Keynesian economics that have only hurt people since Keynesian economics became the norm.
@8Q6C4Y44yrs4Y
Sometimes government intervention may be necessary, but only as a last resort
@3HS499C3yrs3Y
Yes but only for individuals of low income that make less than 40 thousand a year.
@92JXK3J2yrs2Y
Yes, stimulus and tax breaks.
@92JXK3J2yrs2Y
Stimulus exacerbates the problem. The poor must be given tax breaks, whilst the rich must have to pay a little bit higher taxes. Let the market correct itself over time. The government, besides using taxes, should only encourage people to work and correct recessions. Otherwise, it should sit back, correct misinformation, and let economists and the people handle recessions.
@8WPN6C23yrs3Y
Yes, but it should be restricted and for a small amount of money.
@92XBN653yrs3Y
yes they should but only one time don't issue it a bunch of times
@92YHQCV3yrs3Y
Yes, but in the form of A. tax breaks for low-income citizens, B. tax breaks for all citizens, C. increased spending on infrastructure, and/or D. assisting sectors most heavily hit by the recession. Plus, the government should try to intervene to boost a recovery.
@8VC2Q883yrs3Y
Yes, but discourage people from living solely on benefits.
@8QT5JBT4yrs4Y
only if there is a great need, much like this pandemic. and the money should actually go to people in need unlike what happened with this pandemic
@8R7SQ2V4yrs4Y
No, government stimulation is like steroids; It may help in the short term, but it will inevitably lead to problems later on due to, put simply, overexpansion. This is what caused the Great Depression, 2008, and nearly every other major recession.
@8H4DF7B4yrs4Y
Do a study on the efficiency and ethics and effects of each tax and apply accordingly.
@6PJZCMJ4yrs4Y
Yes, but in the form of providing employment opportunities (like the Civilian Conservation Corps).
@7YFGPVT4yrs4Y
Yes, direct assistance and possible tax breaks for low to lower middle income households. Direct and tax breaks for small business only.
Large companies and global corporations have the capital and should have the foresight to save and have their own safety net. The federal government need to adopt a hard policy of not providing fiscal support to large corporations, so it clear that those entities have to have their own contingency plan.
@DsInferno4yrs4Y
Yes, in the form of tax breaks for everyone except those in the highest tax bracket
@heatherdvdprincess4yrs4Y
No, but it should do it's best to help without using direct government power to do it. For example, they can have a competition to have the public crowdsource solutions.
@5GHSCDS3yrs3Y
No, unless it is in the form of tax breaks for all citizens
@5GHSCDS3yrs3Y
No, unless in the form of tax breaks for low income citizens
@2VP298Q4yrs4Y
No for companies, yes for citizens.
@dandyman4yrs4Y
Yes, but in the form of stimulus checks to all citizens
@5ZHZMH64yrs4Y
Yes, but individual's who are in need should apply for the stimulus. It shouldn't just be given to everyone.
@6NLNK8C4yrs4Y
Yes, but quantitative easements must stop as they endanger our economy more than they help it.
@7BV3LB64yrs4Y
Yes, but only in the form of direct payments to Americans
@kgtiberius4yrs4Y
Yes, but 1) only at a locally combined rate at the Region/State/Metro area to the specifically affected companies and their employees, 2) to sectors that provide immediate jobs, training, and 3) a patr-time State/Federal volunteer program various public works projects (part-time to allow for re-education, earned income, and time off to look for new work or relocation).
@78Q5L5B4yrs4Y
Yes, for small businesses
@78Q5L5B4yrs4Y
Yes, for small businesses and people earning under $100k
@7TBYDNY4yrs4Y
Yes, and during the next large recession, the government should prioritize switching to the metric system
@7PTCG383yrs3Y
Yes, in the forms of tax breaks for low income citizens and increased spending on infrastructure
@85Q8YH74yrs4Y
Do so with a permanent UBI.
@7PTCG383yrs3Y
Yes, but in the forms of increased spending on infrastructure and an extended period of unemployment benefits
@89L4VVJ4yrs4Y
Yes, but in the form of tax breaks and increased spending on infrastructure since they are both proven ways to boost the economy
@7PTCG384yrs4Y
Yes, but in the form of assisting sectors most heavily hit by the recession and extended unemployment benefits for workers
@7PTCG383yrs3Y
Yes, but in the forms of increased spending on infrastructure and an extended period of individual unemployment compensation benefits
@7PTCG384yrs4Y
Yes, but in the form of increased spending on infrastructure and extended unemployment benefits for workers
@7PTCG383yrs3Y
Yes, through increased spending on infrastructure, lowering interest rates on student loans, and extending unemployment benefits for a greater length of time
@7PTCG383yrs3Y
Yes, with the combination of increased spending on infrastructure and quarterly economic stimulus checks for low and middle-income citizens, with an extended period of unemployment compensation benefits for those who qualify
@7PTCG383yrs3Y
Yes, with the combination of increased spending on infrastructure and quarterly economic stimulus checks for low and middle-income citizens, and an extended period of unemployment compensation benefits for those who qualify
@7PTCG384yrs4Y
Yes, in the form of increased spending on infrastructure and extended unemployment benefits for workers
@8CLVKTG4yrs4Y
Yes, but in the form of monetary checks for citizens
@8CN7P7L3yrs3Y
No, there is not enough money to do so. If we print out more money inflation will go up and the American dollar will devalue.
@7PTCG383yrs3Y
Yes, through the combination of increased spending on infrastructure, lowering interest rates on student loans, and extending the time period for receiving unemployment compensation benefits
@7PTCG382yrs2Y
Yes, through increased spending on infrastructure and tax breaks for low income citizens
@7PTCG382yrs2Y
Yes, through increased spending on infrastructure, tax breaks for low income citizens, and assisting sectors most heavily hit by the recession
@7PTCG384yrs4Y
Yes, in the form of increased spending on infrastructure and extended unemployment compensation for workers.
@8CYG8KL4yrs4Y
Yes, but only depending on how many people are in the household, and the current rate should be reduced.
@7PTCG384yrs4Y
Yes, through increased spending on infrastructure, assisting sectors most heavily hit by the recession, and extended unemployment benefits
@7PTCG384yrs4Y
Yes, in the form of increased spending on infrastructure and extended unemployment compensation.
@7PTCG383yrs3Y
Yes, but in the form of tax breaks for middle-income and low-income citizens and assisting sectors most heavily hit by the recession
@7PTCG383yrs3Y
Yes, but in the forms of tax breaks for low income citizens and increased spending on infrastructure
@7PTCG384yrs4Y
Yes, in the form of tax breaks for low income citizens, increased spending on infrastructure, and assisting sectors most heavily hit by the recession
@7PTCG384yrs4Y
Yes, in the forms of tax breaks for low income citizens, increased spending on infrastructure, and assisting sectors most heavily hit by the recession
@7PTCG384yrs4Y
Yes, through increased spending on infrastructure, assisting sectors most heavily hit by the recession, and extended time periods for citizens to receive unemployment benefits. ,
@9ZK3JNS1mo1MO
Yes, by lowering taxes, intervening to keep businesses afloat and subsidize wages and collectivize industries that are going to go belly up.
@7PTCG384yrs4Y
Yes, through increased spending on infrastructure, assisting sectors most heavily hit by the recession, and extended unemployment compensation.
@7PTCG383yrs3Y
Yes, in the forms of increased spending on infrastructure and an extended period of unemployment benefits for both middle income and low income citizens
@7PTCG383yrs3Y
Yes, in the forms of extended unemployment compensation and increased spending on infrastructure
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