Social Science Imagine you are an advisor to the president, and the economy has suddenly tanked. The president has two options: (1) he can try to stimulate the economy by getting ordinary citizens to spend, specifically by sending everyone a check for $1000 OR (2) he can try to stimulate the economy by getting major corporations to hire more employees by offering them a $20,000 tax credit for each new employee they hire. Which policy would you suggest he adopt and why?

Words: 77
Pages: 1
Subject: Social Science

Imagine you are an advisor to the president, and the economy has suddenly tanked. The president has two options: (1) he can try to stimulate the economy by getting ordinary citizens to spend, specifically by sending everyone a check for $1000 OR (2) he can try to stimulate the economy by getting major corporations to hire more employees by offering them a $20,000 tax credit for each new employee they hire. Which policy would you suggest he adopt and why?