Projected Impact of the 2009 Fiscal Stimulus Package on Shortening the U.S. Recession
The Graph of the Week is the view of the NABE Policy Survey panel on the effect of the 2009 Fiscal Stimulus package on shortening the recession. From the survey:
A solid majority (60.3%) of respondents feel the recently passed stimulus package will have a modest impact in shortening the recession. Panelists were asked to consider nine of the elements of the stimulus package and rank their effectiveness. The three ranked as most effective were infrastructure of a physical nature (roads, bridges, etc), unemployment benefits expansion, and personal tax-rate cuts. The three expected to be least effective were, in order, social spending (endowment for the arts, public housing, etc.), income transfers (earned income tax credit), and lump-sum tax rebates
You can read the full survey here.
