During the economic crisis of 2008-2009, Presidents George W. Bush and Barack Obama increased government spending by $2 trillion, in order to revive the ailing economy. Their strategy followed the economic theory known as:

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The economic theory that justifies increasing government spending during a recession or depression is known as Keynesianism, named after economist John Maynard Keynes. This theory advocates for government intervention to stimulate demand and boost economic growth during times of economic downturns.

During the Economic Crisis of 2008-2009, Presidents George W