Sentences with phrase «greatest economic stimulus»

The greatest economic stimulus to an area is a high graduation rate and a low dropout rate.

Not exact matches

Of course the expenses of war can be an economic stimulus — WWII is generally thought to have shaken the U.S. out of the Great Depression — but, generally, they're not a very powerful one, write Stiglitz and Bilmes.

The Congressional Budget Office estimates that through increased transfer payments and reduced taxes, automatic stabilizers provided significant economic stimulus during and in the aftermath of the Great Recession of 2007 - 2009, and thereby helped strengthen economic activity.

Second, we believe central banks need to begin to give themselves greater leeway to act in the future to provide stimulus should economic growth weaken over the medium term.

The popularity of ARMs during the period of monetary easing following the economic slowdown in 2001 was partly due to the greater responsiveness of short - term interest rates to the monetary stimulus, compared with rates on long - term fixed - rate mortgages (Graph 5).

That's why the Economic Stimulus Act ended the Great Recession in just a few months.

Passed the Stimulus: Signed $ 787 billion American Recovery and Reinvestment Act in 2009 to spur economic growth amid greatest recession since the Great Depression.

We achieved an economic upturn in 2010 — partly because the stimulus was coordinated across the European Union and United States, but at a great cost in expanding public sector deficits and debt.

As the hon. Member for Somerton and Frome said, there are great opportunities to provide a badly needed economic stimulus at the same time as we make our homes more energy efficient.

Adding back temporary federal stimulus funds used to supplement state funds in each of the last three years, state operating spending under the new budget is up a whopping 8.4 percent over 2007 - 08, although both personal income and private - sector economic activity in New York has dropped sharply during the Great Recession.

Titled «Excelsior, Ever Upward» after New York's state motto, the governor's State of the State was pegged largely as a stimulus for middle class economic improvement and opportunity, but had something for nearly everyone in the Greater New York City area.

Long Island and the Greater New York metropolitan area continue to reap the benefits of the stimulus package so that we can continue to move forward during these challenging economic times.»

With the Obama administration's mandate for health care companies to demonstrate meaningful use of EMRs to qualify for stimulus money under the HITECH (Health Information Technology for Economic and Clinical Health) Act, health care companies now have a greater incentive to adopt EMR technology.

Economists expect three or more rate hikes in 2018 as it continues to pull back the economic stimulus implemented to pull the U.S. economy out of the Great Recession.

I discuss these ideas in greater detail in Money, Blood and Revolution where I also explain how the circulatory growth model can be used to understand why the excessive use of monetary stimulus — both through low rates and quantitative easing — leads directly to: structurally low economic growth, higher social inequality, deflationary pressures, high government deficits and an inevitable pressure for higher taxation.

The program got a big boost under the stimulus package of spending during the great recession, but now is being funded at levels far below the spending before the economic crisis.

As far as the concerns about the credit crunch and economic downturn getting in the way of this; public works projects provided the economic stimulus to end the Great Depression.