Responding to the Recession: Exploring the Stimulus Options

With the economy mired in a deep recession, economic recovery is slated to be the top policy priority of the incoming Obama administration. A wide variety of tax, spending, and financial-market measures will be on the table in January as Congress debates a stimulus package that may approach $1 trillion. What can or should the government do to stimulate the economy?

Martin Baily, senior fellow at the Brookings Institution and former chairman of the Council of Economic Advisers in the Clinton administration, will review the severity of the recession and evaluate various stimulus options. Christopher J. Mayer, senior vice dean of the Columbia Business School, will discuss proposals to revive the housing market. Nicholas Souleles of the University of Pennsylvania's Wharton School will examine whether tax rebates promote consumer spending. AEI resident scholar Alan D. Viard will discuss the general principles of fiscal stimulus. Kevin A. Hassett, AEI's director of economic policy studies, will moderate.

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About the Author

 

Kevin A.
Hassett

 

Alan D.
Viard

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Monday, July 21, 2014 | 9:15 a.m. – 11:30 a.m.
Closing the gaps in health outcomes: Alternative paths forward

Please join us for a broader exploration of targeted interventions that provide real promise for reducing health disparities, limiting or delaying the onset of chronic health conditions, and improving the performance of the US health care system.

Event Registration is Closed
Monday, July 21, 2014 | 4:00 p.m. – 5:30 p.m.
Comprehending comprehensive universities

Join us for a panel discussion that seeks to comprehend the comprehensives and to determine the role these schools play in the nation’s college completion agenda.

Event Registration is Closed
Tuesday, July 22, 2014 | 8:50 a.m. – 12:00 p.m.
Who governs the Internet? A conversation on securing the multistakeholder process

Please join AEI’s Center for Internet, Communications, and Technology Policy for a conference to address key steps we can take, as members of the global community, to maintain a free Internet.

Event Registration is Closed
Thursday, July 24, 2014 | 9:00 a.m. – 10:00 a.m.
Expanding opportunity in America: A conversation with House Budget Committee Chairman Paul Ryan

Please join us as House Budget Committee Chairman Paul Ryan (R-WI) unveils a new set of policy reforms aimed at reducing poverty and increasing upward mobility throughout America.

Thursday, July 24, 2014 | 6:00 p.m. – 7:15 p.m.
Is it time to end the Export-Import Bank?

We welcome you to join us at AEI as POLITICO’s Ben White moderates a lively debate between Tim Carney, one of the bank’s fiercest critics, and Tony Fratto, one of the agency’s staunchest defenders.

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