Recent examples of expansionary fiscal policy
Expansionary fiscal policy is defined as a policy which a government implements which involves an increase in government spending and/or a decrease in taxation levels. Sometimes a budget deficit might be involved with expansionary fiscal policy. The goal with expansionary fiscal policy is to stimulate a national economy during times of declining economic activity.
Can you think of any recent examples of expansionary fiscal policy which have been used by the United States government during or since the Great Repression of 2007-2009? How did these stimulus programs impact the economy? Where they successful? Why or why not?