Sentences with phrase «stimulus response to the recession»

Not exact matches

The massive and multifaceted policy responses to the financial crisis and Great Recession — ranging from traditional fiscal stimulus to tools that policymakers invented on the fly — dramatically reduced the severity and length of the meltdown that began in 2008; its effects on jobs, unemployment, and budget deficits; and its lasting impact on today's economy.

While a national government denies political choice, this deal sharpens the choice between starkly different responses to recession and a fiscal stimulus.

For that reason, in many states, the initial response after the stimulus money stopped flowing was largely to try to do what had been done before the recession and to wait out the storm.

Why it matters: The Economic Stimulus Act of 2008, the first major policy response to the most recent recession, provided $ 100 billion directly to U.S. taxpayers.