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The first step would increase take-home pay, thus stimulating spending and employment.
This second round of quantitative easing (QE), the Fed hopes, will nudge down long-term interest rates, thus stimulating spending and fending off the threat of deflation.Republicans and "tea-party" activists erupted in criticism.
The government's response comes after months of growing criticism, including within its own ranks, that the coalition was not doing enough to stimulate growth in the economy – despite several growth plans and a host of initiatives aimed at stimulating spending by businesses and consumers and creating jobs.
Stimulating spending simply keeps Wal-Mart checkout clerks and Chinese factory workers on the job instead of creating well-paying American factory jobs.
"On a local level, we are filling just about every hotel room in town for the week, stimulating spending at the local restaurants and bars, impacting the service sector and working very closely with the city to run a first-class, safe and clean environment.
Similar(55)
"What stimulated spending will soon evaporate," he said.
There's little or no chance it will stimulate spending.
Along the way, he is pressing his call for a tax rebate to stimulate spending.
That plan resulted in some 25,000 seats' being filled and also stimulated spending in other areas.
Home sales can stimulate spending on goods like furniture and appliances.
Since 2008, the Republicans have been fighting policy efforts to stimulate spending and hiring.
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