Stimulus Package Definition . The objective of a stimulus package is to reinvigorate the economy and prevent or reverse a recession by boosting employment and spending. The theory behind the usefulness of a stimulus package is rooted in Keynesian economics, which argues that the impact of a recession can be lessened with increased government spending. BREAKING DOWN 'Stimulus Package'The global recession of 2. Recovery Act and Energy Department programs were designed to stimulate the economy while creating new power sources, conserving resources and aligning the nation to once again lead the global energy economy. Washington has already spent hundreds of billions of dollars on economic stimulus bills that have failed to revive the economy. Tax rebates do not help the economy because they are government grantsthat are not based on. Read more about economic stimulus Because the United States is either already in a recession or is headed for one, policy makers need to act now to craft an effective economic stimulus package to spur growth and job creation. InformationWeek shares news, analysis and advice for government IT leaders. Connect with our government IT experts. A new rebate program will go live this fall that will allow people to receive rebates of up to $200 towards the purchase of new energy efficient appliances. Attempts by governments or government agencies to financially stimulate an economy. An economic stimulus is the use of monetary or fiscal policy changes to kick start a lagging or struggling economy. President Barack Obama’s presidency hangs in the balance after another disappointing employment report. He continues to advocate new government “stimulus” programs to boost his reelection campaign. News and articles on Obama's proposal for a 2009 government stimulus package and to help the economy. WSJ.com provides comprehensive coverage and analysis. In the United States, the $7. American Recovery and Reinvestment Act of 2.
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