government stimulus

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Stabilizing income vs. economic stimulus—what’s the difference?

Most people use extra one-time money from government to pay down debt or save.

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Earlier this week, Finance Minister Jim Flaherty wrapped up his cross-country pre-budget consultation trip in search of recommendations for the upcoming federal budget. Most interest groups, economists, and activists are calling for massive increases in government spending to “stimulate” the economy– much of it directed at their own pet projects or industrial sectors.