Jump to content

Imperfect stimulus plan is still the best answer

From Discourse DB

This is an opinion item.

Author(s) Mark Zandi
Source The Philadelphia Inquirer
Date February 15, 2009
URL http://www.philly.com/inquirer/opinion/20090215_Imperfect_stimulus_plan_is_still_the_best_answer.html
Quote
"There are concerns that the stimulus plan's $789 billion price tag is too large. To pay for it we will have to borrow the money, adding significantly to the government's debt load. But without a stimulus, the depression would undermine tax revenue and fuel more government spending, producing even larger deficits and debt burdens."


Add or change this opinion item's references


This item argues for the position Act should be passed on the topic American Recovery and Reinvestment Act of 2009.