Economic Slowdown: Issues and Policies

Gravelle, Jane G. ; Hungerford, Thomas L. ; Labonte, Marc ; Murphy, Edward V. ; Weiss, N. Eric ; Whittaker, Julie M.

Library of Congress. Congressional Research Service.

关键词: Economic conditions;    Economic policy;    Fiscal policy;    Antiinflationary programs;   

RP-ID  :  RL34349
RP-ID  :  RL34349_2008Oct17

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report first discusses the current state of the economy, including measures that have already been taken by the monetary authorities, and assesses the need for and potential consequences of fiscal stimulus. The second part of the report reviews the proposals discussed during debate on the recently enacted fiscal stimulus, both those adopted and those considered but not adopted. The various stimulus packages differed somewhat, and the report briefly describes those differences. This section also includes a discussion of the potential elements of a second stimulus proposal, and concludes with a discussion of the macroeconomic effects of the proposals. The final section of the paper discusses recent and proposed financial interventions.