Only about 40percentt of the money in the bill was truly stimulative, and that money was not designed to be spent quickly.
These have a built-in stimulative effect that is missing in the U.S.
So, I think that they're pretty stimulative.
In gradually removing some of the highly stimulative policies that it introduced during and after the Great Recession, she explained, the Fed was trying to avoid a situation "where we have done nothing and then need to raise the funds rate so rapidly that we risk a recession".
It would combine structural reforms at the micro-level — getting rid of red tape, making people pay their taxes, eliminating restrictions on hiring and firing, and so on — with stimulative policies on the macro level.
I felt stimulus should be tax relief, because it gets out to the economy in a timely way, creating that stimulative effect.
It's stimulative for an economy that has recession written in capital letters.
Lastly, Republicans continue to insist that tax cuts are highly stimulative, often saying that they add nothing to the debt, when this is obviously ridiculous.
One plausible reason for the Fed's announcement of the imminent end of its stimulative program is that it hoped to take some air out of asset bubbles that have inflated as a result of its prolonged easy-money policies.
Another important factor in his forecast, he said, is the assumption that "stimulative fiscal and monetary policies will continue".
