U.S. growth decreases unemployment

This idea of "countercyclical" policy was the basic principle behind the tax cuts and spending in the stimulus bill of early 2009. Though the stimulus proved inadequate in scale, it helped reduce the depth of the downturn. Without it, the unemployment rate in 2010 would have been 0.7 - 1.7% higher

Stimulus Package
http://www.washingtonpost.com/wp-dyn/content/graphic/2009/02/01/GR2009020100154.html


Counter-cyclical
means moving against the economic (or business or market) cycle. For example, counter-cyclical business will make higher profits when the economy slows, and a counter-cyclical investment will rise when markets fall.


Enter the title of your article


Enter a short (max 500 characters) summation of your article
Enter the main body of your article
Lock
+Comments (0)
+Citations (0)
+About
Enter comment

Select article text to quote
welcome text

First name   Last name 

Email

Skip