Essay: Fiscal Stimulus

Sample Essay

The article attributes this success to the fiscal stimulus that had been laid down by the government. Welsch however, believes that despite the fact that this fiscal policy is under debate in the House, monetary policy will help in improving the economy.

Such monetary policy stimulus is expected to be seen with the plan by the government to print close to $600 billion put it into circulation. This will be achieved through the sale of government bonds that is an effort to increase credit by maintaining good interest rates. The view is that the good trend of the economy will make the dollar more competitive.

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