2008-08-05american.com

"No sooner had the last federal tax rebate checks been sent out than Congress began debating the merits of a second fiscal stimulus package. Before going down that path, U.S. lawmakers should consider why the first stimulus package failed to jumpstart the American economy. In many ways, the current economic slump is quite different from previous cyclical downturns—which means that traditional monetary and fiscal policy solutions may not work."


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