How To Do A Second Stimulus

Crook, Clive
November 2009
National Journal;11/21/2009, p20
The article looks at possible ways to create a second fiscal stimulus in the U.S. in 2009. It states the capacity of the monetary policy of the Federal Reserve to provide the needed stimulus if the economic recovery is being delayed. The author criticizes the proposed jobs bill in Congress, which will consist of a combination of higher public expenditure and lower taxes. He stresses that fiscal policy does not have to assume the entire responsibility if another stimulus is necessary in the country.


Related Articles

  • Cash Machine. Lavin, Timothy // Atlantic;May2009, Vol. 303 Issue 4, p58 

    Two charts are presented that show amounts spent on the U.S. fiscal stimulus package in 2008-09 and the amount spent by the Federal Reserve on fiscal stimulus in the same time period.

  • Fiscal Policy and Economic Recovery. Romer, Christina D. // Business Economics;Jul2009, Vol. 44 Issue 3, p132 

    The American Recovery and Reinvestment Act of 2009 is the biggest, boldest countercyclical fiscal stimulus in American history. What is its likely impact? Current econometric models indicate that a tax cut is likely to have a multiplier of about 1.0 and that spending has a multiplier of about...

  • Stimulus Worked. Blinder, Alan S.; Zandi, Mark // Finance & Development;Dec2010, Vol. 47 Issue 4, p14 

    The article focuses on the importance of the massive response policy pursued by the U.S. Federal Reserve (Fed) and the Obama administration to mitigate recession, stabilize its financial system, and restart economic growth in the U.S. It says that recovery occurred in the middle of 2009 impacted...

  • Going global. BROOKS, ROBERT E. // Forging;Jul/Aug2009, Vol. 20 Issue 4, p4 

    The article offers the author's views on the U.S. federal policies adopted since 2008 to revive the economic slowdown experienced by the global financial crisis of 2008-2009. He says that the U.S. American Recovery and Reinvestment Act and the dollar 787bn delivery of capital for manufacturing...

  • Assessing the Effects of Monetary and Fiscal Policy. Nakamura, Emi; Steinsson, Jón // NBER Reporter;2015, Issue 1, p22 

    The article discusses the assessment of the impact of monetary and fiscal policies for the management of macroeconomics in the U.S. It mentions that the conduct of systematic monetary policy is the reason why the U.S. Federal Reserve is existing as an institution. It adds that the identification...

  • Where Are the New Markets? Gualerzi, Davide; Nell, Edward // Challenge (05775132);Mar/Apr2010, Vol. 53 Issue 2, p30 

    Something is missing in the current discussion about economic policy to return the U.S. economy to growth. One side calls for more stimulus; the other worries about driving up the deficit. A stimulus might cure a crisis; a deficit could interfere with future monetary and fiscal policy. But even...

  • THE CASE AGAINST THE FISCAL STIMULUS. Miron, Jeffrey // Harvard Journal of Law & Public Policy;Spring2010, Vol. 33 Issue 2, p519 

    The author offers his thoughts on the fiscal stimulus by U.S. President Obama and his administration to address the country's economic recession. He states that such move was controversial because fiscal policy is considered less suitable than monetary policy and the country was already facing a...

  • A Case for Cautious Optimism. Steidtmann, Carl // Progressive Grocer;May2009, Vol. 88 Issue 4, p8 

    The author offers insights on U.S. fiscal and monetary policies. It notes the aggressive stance taken by the Federal Reserve on easing monetary policy since the start of the current credit crisis. Particular focus is given to the Federal Reserve's foray into the structured finance world and the...

  • Fed Stays Course, Cuts Bond Buying Program to $25B. Borak, Donna // National Mortgage News;8/4/2014, Vol. 38 Issue 44, p1 

    The article reports that the U.S. Federal Reserve Board to cut down its stimulus program. Policymakers have agreed to keep slow pace in monthly purchases of mortgage by the central bank despite stronger second-quarter economic growth. According to most policymakers, rates will be lifted in 2015...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics