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While many thought that the 2008 fiscal stimulus plan described in the feature on pg. 174 was a good idea, some did not. Some even thought that Congress did not go far enough. In retrospect, who was right? Did the economy experience a recession in 2008 or 2009? What happened to employment during the rest of 2008? What are some of the alternatives to a tax cut that might have been used?

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This solution discusses the fiscal stimulus package passed by the US Congress to spur economic growth.

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Based on the developments since the recession began, I think that those people who thought that Congress did not go far enough (even after passing the stimulus bill) was right. Had Congress passed a larger bill, and dealt with tax cuts at the beginning of the recession, confidence ...

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Edwin Sinclar, MBA
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  • MBA, Aspen University
  • Bachelor of Science , Berea College
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