Global Recession really over?

[Platapus]

Originally Posted by UnderseaLcpl

An economic stimulus program must encourage production.

or an economic stimulus program must encourage demand. There are two schools of thought here.

1. Increased production will result in increased demand = increase in the economy
2. Increased demand will result in increased production = increase in the economy

There is no clear one is always right and the other is always wrong. Depending on the circumstances one may work while the other may not. This is why economics is more an art than a science in my opinion.

Personally, I favour option 2, but there are many who favour option 1. And that's what makes the economic world go around.