ABSTRACT
False Promise of Stimulus Spending: Lessons from the Great Recession [open pdf - 230KB]
From the Key Takeaways: "[1] History shows governments cannot spend their way into economic recovery; stimulus measures are at best ineffective and at worst, delay recovery. [2] As economic damage is realized across the country, calls for more aggressive federal programs will increase in intensity. [3] Congress should consider past stimulus failures and allow the private sector to drive recovery by removing barriers to investment, work, production, and trade."
Report Number: | Backgrounder No. 3493 |
Author: | |
Publisher: | |
Date: | 2020-05-06 |
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Copyright: | Heritage Foundation. Posted here with permission. Documents are for personal use only and not for commercial profit. |
Retrieved From: | Heritage Foundation: https://www.heritage.org/ |
Format: | pdf |
Media Type: | application/pdf |
URL: |