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Other than tax cuts/rebates, what better alternatives are there to stimulate our economy?

Bush used the tax rebates, which wasn't very successful. Now, Obama is following suit, except he's doing it at a larger scale. What better alternatives are there besides providing tax relief?

6 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    The government is doing all the right things in order to stimulate the economy. Now it is up to the citizens to do their part and spend their money.

    SPENDING WILL GET YOU OUT OF THIS SITUATION

  • ?
    Lv 4
    4 years ago

    those agencies will the two fail or flow in a foreign places u . s . the place extreme regulation and taxation are no longer used to take their working capital for welfare entitlement platforms. Given the extreme spending, the music checklist of Fannie and Freddie and the tension of government on banks to make undesirable loans, one can't help th ask your self whether it is unquestionably no longer intentional for a grander purpose. Our financial gadget is so heavily broken now it is questionable if we are able to pull out. With greater spending planned and the meant well being care alongside with cap and commerce, we can be effectively out of time and out of money. the only recourse is to nationalize the indoors maximum sector. this might carry approximately an all useful government which will trample the rights of the citizen. many don't have faith that this could take place right here, yet who might have theory that a single president with the sanction of Congress could desire to snatch almost 30% of then financial gadget and probable yet another 14% with well being care. as quickly as company is long previous, the government stands out as the only wish maximum will see as their salvation.

  • npm
    Lv 5
    1 decade ago

    Government policy is either fiscal (dealing with taxes and spending) or monetary (dealing with the money supply). The Federal Reserve is doing all it can on the monetary front. On the fiscal policy side, it's either reductions in taxes or increased spending. (Depending on how they are structured, rebates could be considered either spending or tax cuts.) A short overview of fiscal policy options is available here: http://cboblog.cbo.gov/?p=57

  • ADP_14
    Lv 4
    1 decade ago

    Let all the bad debt default, and start over with a more sustainable level of debt.

    There is no way to stimulate the economy out of this mess. At this point, we need to just take our lumps and start over. Anything else is just spitting into the wind. It's gonna blow back on us one way or another.

    The answer to an economy with too much debt is NOT to take on more debt, no matter what the Keynesians will tell you.

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  • Bub
    Lv 7
    1 decade ago

    Tax and tariff every product coming into the U.S. twice the cost of the item. Immediately, manufacturers would spring up, hiring anyone they could hire to make products in the U.S. Instant full employment, tons of new tax revenue.

  • 1 decade ago

    said it once i'll say it again. keep gas prices low and the economy will fix itself because those billions of dollars will be staying right here in the USA and not going to other countries!! USA BABY!!

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