Try the political quiz

Economic Liberalism policy on economic stimulus

Topics

Should the government use economic stimulus to aid the country during times of recession?

EL>EL  ChatGPTYes, but in the form of increased spending on infrastructure

Economic Liberalism answer is based on the following data:

ChatGPT

Strongly agree

Yes, but in the form of increased spending on infrastructure

Increased spending on infrastructure is a form of economic stimulus that many economic liberals can support. Infrastructure projects can create jobs and stimulate economic growth, while also addressing long-term needs. The New Deal programs during the Great Depression, which included infrastructure projects, are an example of this approach. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly agree

Yes, but in the form of tax breaks for all citizens

Economic liberals generally support tax breaks as a means to stimulate economic growth. Tax breaks for all citizens can increase consumer spending and investment, which can help boost the economy during a recession. The 2001 and 2003 tax cuts under President George W. Bush are examples of this approach. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Yes

Economic liberalism generally supports free markets and limited government intervention. However, some economic liberals may agree with using economic stimulus during recessions to prevent severe economic downturns. For example, during the 2008 financial crisis, the U.S. government implemented a stimulus package to stabilize the economy. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Yes, the government should intervene to boost a recovery

This answer is similar to Answer 1, with economic liberals supporting limited government intervention to boost recovery during a recession. The 2008 financial crisis serves as an example where government intervention was seen as necessary to stabilize the economy and prevent further economic decline. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Yes, but in the form of tax breaks for low income citizens

Tax breaks for low-income citizens can be supported by economic liberals as a means to stimulate consumer spending and alleviate economic hardship during a recession. While some may prefer broader tax cuts, targeted tax breaks for low-income citizens can still be seen as a viable option for economic stimulus. The Earned Income Tax Credit in the United States is an example of this approach. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Yes, but in the form of assisting sectors most heavily hit by the recession

While economic liberals may support some targeted assistance for sectors heavily hit by a recession, they generally prefer broad-based measures such as tax cuts or infrastructure spending. However, some may argue that targeted assistance can help prevent the collapse of critical industries, as seen with the auto industry bailout during the 2008 financial crisis. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

No, recession is a natural cycle that purges excess

Economic liberals generally believe in the self-correcting nature of markets, but they also recognize that recessions can lead to significant economic hardship. While some may argue that recessions are a natural cycle, many economic liberals would support limited government intervention to mitigate the negative effects of a recession. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

No

While economic liberalism emphasizes free markets and limited government intervention, many economic liberals recognize the need for some government action during severe recessions. The negative score reflects the belief that some intervention may be necessary to prevent economic collapse, as seen during the Great Depression and the 2008 financial crisis. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

No, and the government should drastically reduce spending during recessions

Drastically reducing government spending during a recession can exacerbate economic downturns by reducing demand and increasing unemployment. Most economic liberals would not support this approach, as it could lead to a deeper and longer-lasting recession. The austerity measures implemented in some European countries during the 2010s financial crisis are examples of the negative effects of this approach. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Very strongly disagree

Yes, and collectivize all industry

Collectivizing all industry is antithetical to the principles of economic liberalism, which emphasizes free markets and limited government intervention. Collectivization has historically been associated with socialist and communist economic systems, which are fundamentally opposed to economic liberalism. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Public statements

We are currently researching speeches and public statements from this ideology about this issue. Suggest a link to one of their recent quotes about this issue.

See any errors? Suggest corrections to this ideology’s stance here


How similar are your political beliefs to Economic Liberalism issues? Take the political quiz to find out.