Mr. Sarkozy was quick with a stimulus package, but modest with it, too, given the already large French debt.
The European Central Bank (ECB) was slow to come up with a stimulus package designed to offset the demand-sapping impact of wage cuts.
His studies of learning processes show that after the brain is bombarded with a stimulus, it continues to perceive that stimulus even when it is not present.
For an example, just look to January 2008, when Bush saw economic problems looming and he asked Congress to cooperate with a stimulus program.
Even with a stimulus plan, unemployment will remain uncomfortably high in 2009, and even after it bottoms out, it is likely to revive slowly.
With a stimulus grant, he said, the division of spending would be slightly more than 50percentt from the private sector, although the normal level was 20percentt.
One projected the unemployment rate through 2014 with a stimulus package; the other projected unemployment across the same period without it.
That very same year Price and colleagues found semen collection from male dairy goats was faster with a "stimulus female", which was present, but unmountable.
The chart projected that the unemployment rate would remain below 8 percent with a stimulus plan and hit 9 percent without one.
Even so, the federal government stepped in with a stimulus package that helped to keep the economy afloat by throwing money at building projects.
Given the nature of the financial crisis and the nasty overhang of debt it left behind, any recovery would probably be slow even with a stimulus bill.
