The phrase "a massive stimulus" is correct and usable in written English.
It can be used in contexts discussing economic measures, psychological effects, or any situation where a significant impetus or encouragement is provided.
Example: "The government announced a massive stimulus to boost the economy in the wake of the recession."
Alternatives: "a substantial boost" or "a significant incentive".
Then there is the prospect of a massive stimulus, featuring a huge expansion of badly needed infrastructure spending.
The Obama transition and leaders in Congress are negotiating a massive stimulus package that could include $40 billion in health care spending over two years.
A massive stimulus package of 4 trillion yuan (nearly $600 billion) announced by the government on November 9th was therefore widely cheered at home and abroad.
All industrialized countries experienced similar slowdowns, and the United States under Obama chose a massive stimulus while Germany and Britain chose Republican-endorsed austerity.
He believes that it would take a massive stimulus package to turn the economy around — say, three hundred billion dollars a year in tax cuts or extra spending for five years, plus a comparable stimulus from fiscal expansion abroad.
It was always highly unlikely that Mr Bernanke would stroll into the hearing this afternoon and blithely declare the impending arrival of a massive stimulus programme, but that didn't stop some from hoping he would do just that.
So the combination of a massive monetary stimulus, zero rates, and fiscal stimulus, is now barely getting us 3% growth if the consensus is right.
The first is that there has been a response to the massive stimulus provided by governments through lower interest rates, credit creation and additional state borrowing.
Because of several coincident factors: 1). the required funding is but a subset of the massive stimulus spending currently underway while the per-home equipment tab is about equal to the per loan budget under the MHAP; 2). a large number of distressed borrowers whose debt ratios would be mitigated enough by the solar economics to justify a refinancing that would ensure their solvency; 3).
The massive stimulus plan, an overhaul of the financial sector bailout, and a $275 billion rescue for struggling homeowners are already in place, and more is likely on the way, Obama said.
Mr Sumner has argued that the policy that actually put the floor under the global economy and protected it from a collapse into deflation was massive stimulus in China.
