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"We haven't gone into the '05 outlook and deliberately cut back on spending provided for this service or that service".
Those tax cuts, combined with increased military spending, provided a good old-fashioned Keynesian boost to demand.
There have been 10 recessions since World War II, and this was the first in which consumer spending provided support instead of dragging the economy down.
While the economy nearly stalled in the first quarter, advancing just 0.6percentt, consumer spending provided a buffer against a recession.
Note the government spending provided a negative stimulus that year.
Corporate political spending has become a hot button issue across the country ever since the Supreme Court's 2010 Citizens United decision opened the door to unlimited corporate political spending, provided it remains independent from candidates themselves.
Similar(53)
Timely infrastructure spending provides a powerful damper on inflation.
So, yes, government spending provides a short-term boost, but there is a trade-off with long-run secular decline.
In any given year, 90percentt of spending provides care for 30percentt of the population, and more than half of total spending goes to 5percentt of the population.
So although the government's heavy spending provides lots of opportunities for businesses, its meddlesome approach makes the country an unpredictable place.
This kind of spending provides a sort of natural experiment: some states received more treatment from the Recovery Act than others for relatively random reasons.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com