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Comparison of Economic Effects
Section: CURRENT ISSUES / SPECIAL REPORT--COPING WITH THE GLOBAL RECESSION
Author:
Publication: The world & I online
Issue Date: 1/1/2002
Size: 393 Words, 2,551 Characters

        There may be many good political reasons for Congress to pass an economic stimulus package, but there is one overriding economic reason: The intervention should improve the incentives to work, save, and invest--the real catalysts of economic growth.

        Fiscal policy changes that focus on these econo...


. . .


...ectively.

        The average savings for a family of four (adjusted for inflation) would increase by $752 under the President's plan, compared with $630 for the House and $502 for the Senate.

        Bush's program would increase inflation-adjusted investment by $7.8 billion, compared with $6.1 billion and just $4.9 billion for the House and Senate plans.--The Heritage Foundation vbcrlf


(325 of 2,551 characters)

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Publication Details (The World & I Online)
The World & I Online is a comprehensive academic resource that encompasses a broad range of articles by scholars and experts in the areas of Global Studies, Liberal Arts, Fine & Applied Arts, General Science, and Spanish. Originally published monthly in print as The World & I, our site includes the complete contents since 1986 and continues to publish a new issue online each month.
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