1. Escaping the Great Recession
Since the government was unable to regulate the use of the TARP bailout money there is very little evidence that it actually stimulated economic recovery and is thus generally considered a failure. The government has also instituted the American Recovery and Reinvestment Act. This act served to stimulate job growth and provide some temporary relief to those most impacted by the recession through spending billions of dollars in tax relief, public works projects, education and job training, etc. ... Crowding out occurs when increased government spending hinders private investment. ... The unempl...
- Word Count: 2201
- Approx Pages: 9
- Has Bibliography
- Grade Level: Undergraduate