An economic stimulus is a monetary or fiscal policy enacted by governments with the intent of stabilizing their economies during a fiscal crisis. The policies include an increase in government spending on infrastructure, tax cuts and lowering interest rates. After the Brexit vote in 2016 the Bank of England proposed a stimulus package designed to boost the economy and prevent a recession. The package included purchasing corporate debt and low rate commercial bank loans.
87% Yes |
13% No |
70% Yes |
9% No |
4% Yes, but in the form of tax breaks for low income citizens |
2% No, recession is a natural cycle that purges excess |
4% Yes, the government should intervene to boost a recovery |
2% No, and the government should drastically reduce spending during recessions |
3% Yes, but in the form of tax breaks for all citizens |
|
3% Yes, but in the form of increased spending on infrastructure |
|
3% Yes, but in the form of assisting sectors most heavily hit by the recession |
|
1% Yes, and collectivize all industry |
See how support for each position on “Economic Stimulus” has changed over time for 51.9k UK voters.
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See how importance of “Economic Stimulus” has changed over time for 51.9k UK voters.
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Unique answers from UK users whose views extended beyond the provided choices.
@9BDPLSP1yr1Y
My knowledge on economics is limited at best
@9D7GRBK8mos8MO
Yes, consistent with the Modern Monetary Theory framework
@9CJHNNW10mos10MO
Yes, by direct cash transfers to poorer citizens
@9C2BTW811mos11MO
Yes but only on tax breaks from the bottom up and national infrastructure projects.
@9B84XHJ1yr1Y
The goverment are not on our side!
@97YWTWJ1yr1Y
Only if affordable. Recession typically comes with Government debt
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@ISIDEWITH1mo1MO
The first China shock came after a series of liberalizing reforms in China in the 1990s and its accession to the World Trade Organization in 2001. For U.S. consumers, this brought considerable benefits. One 2019 paper found that consumer prices in the U.S. for goods fell 2% for every extra percentage point of market share grabbed by Chinese imports, with the biggest benefits felt by people on low and middle incomes. But the China shock also piled pressure on domestic manufacturers. In 2016, Autor and other economists estimated that the U.S. lost more than two million jobs between 1999 and 2011 as a result of Chinese imports, as makers of furniture, toys and clothes buckled under the competition and workers in hollowed-out communities struggled to find new roles. A sequel of sorts appears to be under way. China’s economy expanded 5.2% last year, a subdued rate by its standards, and is expected to slow further as a drawn-out real-estate crunch crushes investment and consumers rein in spending. Capital Economics, a consulting firm, thinks annual growth will slow to around 2% by 2030. Beijing is seeking to engineer an economic turnaround by plowing money into factories, especially for semiconductors, aerospace, cars and renewable-energy equipment, and selling the resulting surplus abroad. Protectionism might shift some of the deflationary impact to other parts of the world, as Chinese exporters look for new markets in poorer countries. Those economies could see their own fledgling industries shrivel in the teeth of Chinese competition, much as the U.S. did in an earlier era.
@lemans34272mos2MO
Recent global events have sparked fears of a commercial real estate crisis in Europe, mirroring situations in Japan and the US. Notably, Deutsche Pfandbriefbank AG faces significant downturns due to the real estate market's weakness.The past week has witnessed significant downturns in the stock values of several banks worldwide, particularly those with substantial exposure to commercial property loans. Mirroring unsettling developments in Japan and the United States, Europe is now facing the prospect of an emerging commercial real estate crisis. Some senior officials at the European Central Bank say Germany will inevitably be a special focus as they examine CRE risks at banks across the region.“There is more pain to come in real estate valuations, so what does that mean for lenders and does that mean there is the potential for a crisis?”German banks have the most commercial real estate loans in the European Union, along with their French peers, but they have classified a relatively small portion of those loans as non-performing. Recently, however, that share has been rising while it declined in several other countries.“This is definitely not just a US problem,” said Valeriya Dinger, a professor of economics at Germany’s University of Osnabrueck. “I wouldn’t be surprised if we see a wave of loan loss provisions for German banks on their domestic commercial real estate exposure,” she said, even if there’s no systemic risk.German property values are particularly vulnerable to higher borrowing costs because capitalization rates — or the potential return on a real estate investment — were pushed lower there than in other markets during the cheap money era. That reflected in part the fact that yields on German government bonds, a benchmark for investors, were negative at the time.
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@ISIDEWITH1yr1Y
Active 14hrs agoDiversity training is any program designed to facilitate positive intergroup interaction, reduce prejudice and discrimination, and generally teach individuals who are different from others how to work together effectively. On April 22, 2022, Florida Governor DeSantis signed into law the “Individual…
