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Government Takes New Approach To Recessions
Roger Babson discusses a proactive plan to ward off downturns, detailing executive tools such as unemployment benefit expansion, tax cut authorities, tax moratoriums, strategic stockpiles, and enhanced government spending to be deployed by executive order if a recession looms. He notes the risk of permanent booms and stresses early, decisive action.
MENTIONED IN THIS ARTICLE
Johnson
Congress
Council of Advisers
Ivery