- Further expansion by the Fed
- Income tax cuts with rebates, as earlier this year
- Tax cuts that reduce the prices of consumer goods temporarily
- Tax cuts that reduce the cost of labor to businesses
- Increase in purchases of goods and services by state and local governments
Two of the five I noted would be very beneficial in a previous post.
2 comments:
Do you think that one strategy should be picked by the new administration or a combination of several strategies?
Looking at what the economy is up against, I'd say as many of these need to be executed as possible, although I think it is unlikely we'll see a tax cut on consumer goods (that's already comming in the form of deflation and lower transportation/energy costs).
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