TITLE

Emotional rescue

AUTHOR(S)
Mooneyham, Scott
PUB. DATE
April 2009
SOURCE
Business North Carolina;Apr2009, Vol. 29 Issue 4, p20
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the views of economists on the benefits of the share of the state of North Carolina from the U.S. federal stimulus package. According to most economists, the stimulus plan will help stabilize the state's economy through reduction in unemployment and mitigation of the effects of recession. Another advantage indicated is the effectiveness of tax cuts compared to government spending at spurring economic growth in the state.
ACCESSION #
37336063

 

Related Articles

  • America's creaky job machine may be tough to restart. Samuelson, Robert J. // Fort Worth Business Press;10/26/2009, Vol. 25 Issue 39, p30 

    The author reflects on how the U.S. government can address its unemployment problem. He notes the suggestion of Keynesian economists that only increased government spending and tax cuts will boost job growth. He asserts that there is no best solution as of the moment because situations vary...

  • WHY DID THE AMERICAN RECOVERY AND REINVESTMENT ACT (ARRA) FAIL-- OR DID IT? Reid, L. Jan // European Journal of Management;2012, Vol. 12 Issue 2, p12 

    The United States Congress approved the American Recovery and Reinvestment Act (ARRA) on February 13, 2009. U.S. President Barack Obama signed the bill into law on February 17, 2009. ARRA was passed in response to widespread fears that the United States was in danger of slipping into a...

  • Government Spending or Tax Cuts? The 2009 Stimulus Package for Taylor County, Texas. Shepherd, Ian; Shepherd, Dee Ann // Journal of Management Policy & Practice;2011, Vol. 12 Issue 6, p62 

    On February 17, 2009, President Barack Obama signed into law the American Recovery and Reinvestment Act. It called for the creation of new jobs and the support of jobs at-risk, stimulation of the economy using investment to spur long-term growth, and an unprecedented level of accountability and...

  • Stimulating Ourselves to Death. Rugy, Veronique de // Reason;Apr2009, Vol. 40 Issue 11, p17 

    The article analyzes the effectiveness of government expenditure in recession. It is stated that, if the proposed financial stimulus package of the U.S. government works, then it will be the first time in history. It is stated that, almost all the recovery of the U.S. economy in the 20th century...

  • Steroid failure. Thredgold, Jeff // Enterprise/Salt Lake City;10/18/2010, Vol. 40 Issue 15, p11 

    The article discusses how the combination of massive government expenditure and the economic stimulus in the U.S. failed to create jobs needed in a recovering economy. It points out how the country's rate of unemployment has remained at 9.6 % in September 2009 and remained at 9.7% since then. It...

  • Nervous times. BONNEY, JOSEPH // Journal of Commerce (1542-3867);2/16/2009, Vol. 10 Issue 7, p6 

    The author reflects on the present global economic condition and why people should be nervous about it. He describes the effects of the recession in almost all sectors such as the banking system which remains in disarray, job losses of an estimated 600,000 and corporate downsizing and...

  • Minority workers disproportionately affected by recession.  // Hudson Valley Business Journal;7/13/2009, Vol. 19 Issue 27, p18 

    The article reports on how the economic declination in U.S. affects the minority workers living in the area. After the American Recovery and Reinvestment Act became law the unemployment rate reached 9.5 percent. The most affected workers were the Latinos and African Americans. However, the...

  • Should All the Bush-Era Tax Cuts Be Extended?  // U.S. News Digital Weekly;9/10/2010, Vol. 2 Issue 36, p11 

    The author reflects on the proposal of the U.S. administration to let the tax cuts granted by the previous administration to those earning over 250,000 U.S. dollars to expire. He notes that tax receipts since post-World War II held steady at 18.2 percent with only slight variations and the key...

  • Fiscal Policy and Economic Recovery. Romer, Christina D. // Business Economics;Jul2009, Vol. 44 Issue 3, p132 

    The American Recovery and Reinvestment Act of 2009 is the biggest, boldest countercyclical fiscal stimulus in American history. What is its likely impact? Current econometric models indicate that a tax cut is likely to have a multiplier of about 1.0 and that spending has a multiplier of about...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics