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The Economic Stimulus Act of 2008 ( Pub. L. 110–185 (text) (PDF), 122 Stat. 613, enacted February 13, 2008) was an Act of Congress providing for several kinds of economic stimuli intended to boost the United States economy in 2008 and to avert a recession, or ameliorate economic conditions.
e. In the United States, the Great Recession was a severe financial crisis combined with a deep recession. While the recession officially lasted from December 2007 to June 2009, it took many years for the economy to recover to pre-crisis levels of employment and output. This slow recovery was due in part to households and financial institutions ...
Beginning in 2008, many nations of the world enacted fiscal stimulus plans in response to the Great Recession. These nations used different combinations of government spending and tax cuts to boost their sagging economies. Most of these plans were based on the Keynesian theory that deficit spending by governments can replace some of the demand ...
I am so sick of hearing about the economic stimulus checks, also dubbed tax rebate checks. Our government has been doing its level best to spend many billions of dollars on this endeavor. In ...
To be eligible for a check in 2008, taxpayers had to have a minimum ... If you didn't get a piece of the economic stimulus pie the first time around this year because you either made too much or ...
Economic stimulus checks are printed at the Philadelphia Financial Center May 8, 2008 in Philadelphia, Pennsylvania. (Photo by Jeff Fusco/Getty Images) (Jeff Fusco via Getty Images)
United States policy responses to the late-2000s recession explores legislation, banking industry and market volatility within retirement plans. The Federal Reserve, Treasury, and Securities and Exchange Commission took several steps on September 19, 2008, to intervene in the crisis caused by the late-2000s recession.
President Bush's economic. ... July retail sales report shows what we've been saying for some time--people seem to be spending their government stimulus checks on necessities such as food and gas ...