An economic stimulus is a monetary or fiscal policy enacted by governments with the intent of stabilizing their economies during a fiscal crisis. The policies include an increase in government spending on infrastructure, tax cuts and lowering interest rates. In 2016 Justin Trudeau proposed a stimulus package which he claims will raise GDP by 0.5 per cent and create 100,000 jobs.
@9D536B29mos9MO
Yes, but in the form of assisiting sectors most hit by the recessions and tax breaks for low income citizens.
@9D4R2DY9mos9MO
Yes, but in the form of tax breaks for low income citizens; increased spending on infrastructure; and in the form of assisting sectors most heavily hit by the recession.
@9CQ8CWT10mos10MO
Collectivize failing industries, provide financial relief in the forms of debt forgiveness, tax breaks to the poor and middle income citizens and spending on infrastructure
@9C4XQMM11mos11MO
Yes, and give tax breaks to those in the higher tax bracket as well since these citizens worked hard to climb the ladder and earn a better living for themselves. These folks will also be spending their earnings at local stores, which injects money back into the economy.
@95TJW432yrs2Y
Yes with focus on self employed people.
@8ZR8QDRConservative2yrs2Y
No, government should lower personal and corporate taxes and reduce spending.
@8XMLGT42yrs2Y
Yes, but, if a deficit is incurred the debt should be paid back during times of strong economic growth
@8TXVXML3yrs3Y
No, the Government should just get out of the way of the private sector. In most cases.
@8TWKYN53yrs3Y
Yes in the form of tax breaks for citizens and drastically reduced spending on foreign aid.
@8TRZKDR3yrs3Y
Yes, but avoid asset inflation by using fiscal stimulus, not monetary stimulus.
@9GYSNHD5mos5MO
It depends on the different circumstances and what they call for. Not every economic recession or crisis can be solved the exact same way.
@9GNXXXT6mos6MO
Depends on the different circumstances and what they call for. Not every economic recession or crisis can be solved the exact same way.
@9FQB6TFConservative7mos7MO
Tax breaks for all working people not just the poor. The working people are the ones keeping the country running.
@9FQB6TFConservative7mos7MO
Tax breaks for all working people.
@9FPVJCG7mos7MO
Fiscally responsible spending and balanced budgets in periods of high economic growth gives governments the flexibility to increase spending on infrastructure while reducing taxes in times of recession.
@9FB4M2C8mos8MO
Yes, but only for Canadian-born citizens and not immigrants.
@9F5KMPV8mos8MO
The government should be making sure people who lost their jobs due to a recession get a basic income to pay for their food, water, electricity and shelter. Quick action needs to be taken to ensure the economy gets back on track but not at the cost of cutting government funding.
@9DQSF448mos8MO
Yes and be helping in all areas of the economy
@9D8PLJBConservative9mos9MO
Yes, but in the form of tax break and subsidies
@99G9S5L1yr1Y
Yes, but with a mixture of assisting sectors hit the most by recession, tax breaks for low income citizens, and spending on infrastructure.
@98PQTLX1yr1Y
Yes but the government should use the Treasury Department to manage money and financial risks in banks
@8ZR6F7T2yrs2Y
Yes. The best way to stimulate the economy is to raise the income of lower income individuals. A UBI at CERB levels (plus drug, dental) would stimulate the economy more than anything.
No, reckless spending worsens the economic downturn
@8TYVGKZ3yrs3Y
Tax reform can prevent recessions
@8T9NTX43yrs3Y
Yes, the government should intervene in order to boost a recovery. They should help in the form of assisting sectors most heavily hit by the recession, provide tax breaks for the poor and middle class, and by increased spending on infrastructure
@8PP4HKQ3yrs3Y
Yes, the government should intervene with an economic stimulus
@8DWMSNF4yrs4Y
Yes, but give the stimulus only to people end not to business
@8SF7HN33yrs3Y
Yes, but in the form of tax breaks for low income citizens while assisting sectors most heavily hit my the recession.
@8RQRK5PConservative3yrs3Y
Yes, but in the form of tax breaks for private sector workers ONLY.
@8RGGHHQ3yrs3Y
Yes, but critical businesses that need to be saved should be nationalized instead of bailed out
@8R52NV83yrs3Y
Depends on how bad the situation
@8QTX67R3yrs3Y
Government intervention could be helpful, but the government itself needs to spend less too. They should not rely on tax breaks and citizens to aid.
@8QHTWWR3yrs3Y
yes but for citizens, not bailouts for corporations
@8CCZXDP4yrs4Y
Yes, it is an investment in the overall well being of the country, and it citizens.
@8QF74GY3yrs3Y
Yes, but not to bail out the banks, rather provide assistance to the people
@8Q28BQH3yrs3Y
I dont understand the question
@8PP6ZW73yrs3Y
Yes but to the ones who need it
@8Q7KDKN3yrs3Y
Yes, but in the form of assisting sectors most heavily hit by the recession, by providing tax relief for low income citizens, by investing in infrastructure, and by the government intervening in order to boost a recovery
@7PTCG382yrs2Y
Yes, through increased spending on infrastructure and tax breaks for low income citizens
@7PTCG382yrs2Y
Yes, through increased spending on infrastructure, tax breaks for low income citizens, and assisting sectors most heavily hit by the recession
@8PNDVD72yrs2Y
No, give citizens tax breaks
@3SXNRFF2yrs2Y
Yes, but only depending on the circumstances. In a recessionary environment with high inflation, stimulus may only exacerbate the problem.
@92JXK3J2yrs2Y
Stimulus exacerbates the problem. The poor must be given tax breaks, whilst the rich must have to pay a little bit higher taxes. Let the market correct itself over time. The government, besides using taxes, should only encourage people to work and correct recessions. Otherwise, it should sit back, correct misinformation, and let economists and the people handle recessions.
@92JXK3J2yrs2Y
Yes, stimulus and tax breaks.
@93BLLJ22yrs2Y
Yes and include more restricted groups, like legal dependent adults
@92YHQCV2yrs2Y
Yes, but in the form of A. tax breaks for low-income citizens, B. tax breaks for all citizens, C. increased spending on infrastructure, and/or D. assisting sectors most heavily hit by the recession. Plus, the government should try to intervene to boost a recovery.
Deleted2yrs2Y
No, but when deadly like 1930s is exception.
@9334YP32yrs2Y
The government should drastically reduce all taxation and public spending during recessions.
@92XBN652yrs2Y
yes they should but only one time don't issue it a bunch of times
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