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.
@9BDPLSP1yr1Y
My knowledge on economics is limited at best
@9D7GRBK8mos8MO
Yes, consistent with the Modern Monetary Theory framework
@9CJHNNWLiberal Democrat10mos10MO
Yes, by direct cash transfers to poorer citizens
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
Increase personal allowance to £20,000, cut UC taper, and increase spending on addressing regional inequalities and poor education standards
@946BL2K2yrs2Y
Yes, but in the form of a Universal Basic Income, awarded to all residents
@8KJS9693yrs3Y
Yes, I personally would give a generous package of support during a crisis. Cash payment to all families, an additional £70 per child, emergency microcredit to troubled families. In addition, I’d create a package of support for businesses and employment, healthcare, and public spending, of £850 billion. The final support package I would offer is another £850 billion to help establishment of rent fee support benefits for SMEs, and provide subordinated loans for large companies
@8GFBPHL4yrs4Y
No, recessions are outcomes of the boom bust Cycle, where the central bank artificially expands credit and lowers interest rates. We should instead completely privatise the banking system and eliminate the central bank.
@8CYJVKW4yrs4Y
Yes, but only on those earning £80,000 and above.
@8RC6YV73yrs3Y
During Recessions the government should spend money investing in better infrastructure, green energy/renewables. Creating Jobs and rebuilding the economy in a better way.
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