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Can someone provide an example of an economic stimulus that has brought a country out of a deep recession or depression? It doesn't matter the country or year.
Can someone provide an example of an economic stimulus that has brought a country out of a deep recession or depression? It doesn't matter the country or year.
I just hope our policy makers have taken the time to examine Japan's stimulus approach. Myself I think Barack and others should consider some of Steve Forbes' suggestions like using a payroll tax holiday. If I were in power I would combine Steve Forbes' views with those of moderate Democrats.
Can someone provide an example of an economic stimulus that has brought a country out of a deep recession or depression? It doesn't matter the country or year.
Can someone provide an example of an economic depression that resolved simply by waiting for market forces to restore normalcy (govt sitting idly by?)?
Can someone provide an example of an economic depression that resolved simply by waiting for market forces to restore normalcy (govt sitting idly by?)?
What was Reagan's response to the 1987 stock market crash? I've read that he did very little and that the crash eventually worked itself out.
What was Reagan's response to the 1987 stock market crash? I've read that he did very little and that the crash eventually worked itself out.
The stock market crash of 1987 was not a depression. The GDP growth rate in 1987 ranged from positive 5.96% to 9.94% (nominal) and 2.63% to 6.99% (real). GDP Growth Rate
That's not a depression by any stretch of the imagination. The 1987 crash was a stock market phenomenon (correction of overvalued stock prices) that had few if any economic underpinnings. Please know the difference between an economic depression and a stock market correction.
The stock market crash of 1987 was not a depression. The GDP growth rate in 1987 ranged from positive 5.96% to 9.94% (nominal) and 2.63% to 6.99% (real). GDP Growth Rate
That's not a depression by any stretch of the imagination. The 1987 crash was a stock market phenomenon (correction of overvalued stock prices) that had few if any economic underpinnings. Please know the difference between an economic depression and a stock market correction.
The stock market is up 208 points right now after the jobs report came out today. That must mean the economy is doing better? (sarcasm)
stimulus plans never worked. depressions/ recessions are only an excuse for fat polititiansto take more of your hard earned money "for the greater good" aka for their fat pockets and pork barrels.
please dont be fooled.
The stock market is up 208 points right now after the jobs report came out today. That must mean the economy is doing better? (sarcasm)
Not exactly. What I said was, the 1987 crash was not due to an economic depression. It was a correction of overvalued stock prices. But the underlying economy in 1987 was still sound, hence the quick recovery of stock prices without need for Reagan to pass a stimulus package.
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(sarcasm)
