One reason the government enacts fiscal policy instead of waiting for the economy to correct itself is the automatic adjustment:

Question

Quizplus · Accepted Answer

The automatic adjustment process can take a while to correct the economy, and in the meantime, the economy might experience a lot of negative effects like high unemployment and inflation. Therefore, governments often enact fiscal policies to address these issues and stabilize the economy.

One Reason the Government Enacts Fiscal Policy Instead of Waiting