In 2009 Barack Obama responded to recession

Question

Quizplus · Accepted Answer

Barack Obama responded to the recession by implementing a mix of fiscal policies that included both tax cuts and increased government spending. The tax cuts were aimed at providing immediate relief to individuals and small businesses, while the increase in government spending was intended to stimulate demand and create jobs. This combination of policies is commonly known as "fiscal stimulus" and was implemented with the goal of jumpstarting economic growth and returning the country to a state of economic stability.

In 2009 Barack Obama Responded to Recession