Summary of Nine Facts about the Great Recession and Tools for Fighting the Next Downturn
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Today, the American economy continues to live with the aftermath of the 2007–2009 recession, despite the effectiveness of many of the fiscal and monetary policy tools that officials deployed to address it. getAbstract recommends this insightful analysis from the Hamilton Project/Brookings Institution, which offers nine results from battling the Great Recession that might help policy makers in tackling future recessions.
In this summary, you will learn
- What policy makers did to restore economic growth during the Great Recession of 2007–2009 and
- Which stimulus measures were the most effective.
About the Authors
Diane Whitmore Schanzenbach et al. work for the Hamilton Project, part of the Brookings Institution.