keynesian economics – Prairie State Policy

Why Federal Economic Stimulus Matters for State and Local Governments

By: Christopher Ryan Crisanti Fiscal stimulus is not meant to simply be a generous act by the federal government to provide financial help to struggling Americans. Rather, the public policy serves a major economic purpose to stimulate economic activity by increasing aggregate demand for goods and services. In normal economic times, the Federal Reserve reliesContinue reading “Why Federal Economic Stimulus Matters for State and Local Governments”