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You can go to this government website. http://www.rules.house.gov/111/LegText/111_hr1_text.pdf

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16y ago

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Continue Learning about General History

What are the stimulus dollars going to?

www.recovery.gov will tell you everything about the spending of the stimulus package.


Was the New Deal America's 2nd Revolution?

NO: the New Deal was a stimulus package that was put into effect during the Great Depression.


What happens if the stimulus fails?

Full scale depression. Definitely no second term for Obama. Probably Republican majority elected to Congress.


What happend on February 2009?

In February 2009, the U.S. was in the midst of the Great Recession, and President Barack Obama signed the American Recovery and Reinvestment Act into law on February 17. This $787 billion economic stimulus package aimed to create jobs and spur economic growth through infrastructure spending and tax cuts. Additionally, the financial crisis continued to affect global markets, leading to increased unemployment and significant challenges for various industries.


Can someone explain obama's stimulus plan?

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".

Related Questions

What is the stimulus package that President Obama signed called?

American Recovery and Reinvestment Plan.


Do anybody receive a stimulus package from Obama?

First, a stimulus package is not a gift, like you would receive in the mail. It refers to financial assistance given by a president and a congress to help ("stimulate") the economy in a difficult time. Many presidents have done this. President Obama's stimulus package resulted in saving thousands of American jobs. And although some people believe it should have been bigger (and his political opponents claim it did not help at all), most economic experts from both parties agree that it did help to turn the economy around. I enclose a link that debunks the claim that the stimulus did not help anyone.


What is the government doing to help me find employment?

President Obama is coming up with a new stimulus package to help with unemployment. The Government is constantly coming up with new plans to help the economy.


When was The Stimulus Package created?

The Stimulus Package was created on 2010-02-16.


How do you use the word stimulus in a sentence?

The stimulus package in the US has increased spending.


When was Funk Man - The Stimulus Package - created?

Funk Man - The Stimulus Package - was created on 2009-04-07.


What are obama's successes in the first 100 days?

Obama was very popular during his first 100 days as president in 2009. He introduced an economic stimulus package, including the 'cash for clunkers' program.


What are the stimulus dollars going to?

www.recovery.gov will tell you everything about the spending of the stimulus package.


Will there be a stimulus rebate this year?

yes they are working on that right now with the stimlus package that President Obama will impliment yes they are working on that right now with the stimlus package that President Obama will impliment


Is the 2008 dec stimulus package approved?

No


Will the stimulus package for MW2 be free on PC?

No it will not be.


Obama's stimulus checks for everyone are they in the mail?

Checks