2009 Articles

Time for More Stimulus

Stiglitz, Joseph E.

The article provides information on the need for a more fiscal stimulus as the U.S. President Barack Obama administration anticipates economic recovery. It highlights some positive stimulus that will drive economic recovery, such as tax cutting and fixing the banking system. It states that fixing the banking policy will help restore robust growth, but it is not sufficient to sustain growth due to the country's increasing national debt.