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
Series:
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:
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