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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@B4ND9T9Conservative5 days5D
As the recession is caused by the government and the lower and middle classes are most impacted by the recession, yes the government should step in to help those classes. But the government has a responsibility once the recession is over to balance the books and reduce the deficit caused by the incentives.
@9WYDMSD6mos6MO
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.
@9CQ8CWT2yrs2Y
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
@9GNXXXT1yr1Y
Depends on the different circumstances and what they call for. Not every economic recession or crisis can be solved the exact same way.
@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
@8DWMSNF5yrs5Y
Yes, but give the stimulus only to people end not to business
@8CCZXDP5yrs5Y
Yes, it is an investment in the overall well being of the country, and it citizens.
@8XMLGT43yrs3Y
Yes, but, if a deficit is incurred the debt should be paid back during times of strong economic growth
@8TXVXML4yrs4Y
No, the Government should just get out of the way of the private sector. In most cases.
@8TRZKDR4yrs4Y
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
@8JDRVDP5yrs5Y
Definitely yes, also lower government officials income and reduce retired politicians retirement funds and any unnecessary and unauthorized spending such as travel etc.
@9ZK3JNS5mos5MO
Yes, by lowering taxes, intervening to keep businesses afloat and subsidize wages and collectivize industries that are going to go belly up.
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