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Economic Package: Testing the New Administration

Ruth Markus, The Washington Post | January 7, 2009

The stimulus package needed to combat the economic downturn is a source of concern as its experimental character deprives it of any guarantee of success. ++ Due to the acuteness of the crisis, measures taken ought to be immediate rather than exhaustive and have a provisional character. ++ The next weeks will be a test for the new Congress and administration that bear the difficult task of preparing the package. ++ However, just as with medicine, one has to remember that "the application of economic stimulus is as much art as science."

 

 
Tags: | economic package | Obama | finace | Crisis | Congress |
 
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