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Obama's stimulus plan is a "statist" government program that borrows trillions of dollars and spends it according to the dictates of politicians and bureaucrats.
At it's heart is the "Keynesian economic theory" which postulates that government spending can improve the OVERALL economy.
In a brilliant piece by French economist and philosopher Frederic Bastiat (1850) entitled "That Which is Seen, and That Which is Not Seen" (available free online) Bastiat destroys many false economic theories (even Keynesian economics, which was developed later in the 20th Century). The basic economic error that Obama and others make is looking at the good things resulting from the government spending...while ignoring the fact that the money was taken from productive activities (or borrowed against future activities)...or as economists would say..."the unseen".
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Did discover bank receive tarp monies?
yes What was the total amount of money that Discover Bank received from the Economic Stimulus (bailout) plan?
What was Hitler's final solution to World War 2 explain how he carried out his plan?
it wasn't, you are confusing two different issues
How did roosevelt plan to turn the economy around?
FDR called his wide-ranging stimulus program The New Deal. It concentrated on job creation on a massive scale. Many of the initial jobs were WPA construction jobs to rebuild the infrastructure, but later bills also included agricultural stimulus, housing; the creation of Social Security; arts, literature, and preservation; the CCC focused on soil conservation and natural parks. The work-focused stimulus sought to improve the immediate conditions of the unemployed until the private sector could recover to the point of providing its own jobs.
When refusing a big favor use the indirect plan to explain your reasons first because the person asking the favor probably took time preparing the request true or false?
he sucked balls
What was the single plan?
A single plan is a plan
Why does America need the stimulus plan?
America does not need the stimulus plan.
What is the Philippine economics stimulus plan?
What is the Philippine Economics Stimulus Plan?
What do the Obamas plan to get when the election is over?
disappointment
What is Obamas plan on crime?
Hand slaps
Why is stimulus plan called stimulus?
The stimulus plan is called stimulus because it is introduced to fix the economy from going down hill. The main purpose is to create more jobs and prevent different sectors from collapsing or filing for bankruptcy. Stimulus plan aims to help people and hence country out of recession.
What are the pros and cons of the stimulus plan?
for a stimulus plan to me it means a financial bailout or a type of insurance to keep your economy afloat. It depends on what the stimulus plan is used for to determine the pros and conns like for instance. If the government plans a stimulus plan for wall street will it be for the right reasons and how will you benifit form it if you are under a ressecion..
What will the stimulus plan mean for Medicaid?
The stimulus plan gives hundreds of billions of dollars to Medicaid. As far as how that money will be spent is as yet to be seen.
How is the stimulus plan funded?
On borrowed money from China!
Percent of Americans who supported obamas health care?
0 the health care plan is terrible...
How do you plan to achieve your work effective and professional in company?
this question asked in infosis interview explain how a someone can achieve his or her goal
How do you get a copy of Obamas health care plan the HR3200?
It is very easy to get a copy. The bill is online in its entirety, and I will post the link for you.
What is the stimulus package that President Obama signed called?
American Recovery and Reinvestment Plan.
