Just because some government paid/sponsored ? academic wrote it...

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12/06/21

10:30

Post #: 53809337
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Originally posted by Infose ↑

What a level of social, economic and political literacy being shown here.

Not only a fiscal stimulus is being confused with welfare but also actions under a system of social organization called communism are being confused with a form of government anti-cycle policy under capitalism.

What Is a Stimulus Package?

A stimulus package is a package of economic measures a government invokes to stimulate a floundering economy. The objective of a stimulus package is to reinvigorate the economy and prevent or reverse a recession by boosting employment and spending.The theory behind the usefulness of a stimulus package is rooted in Keynesian economics, which argues that recessions are not self-correcting; therefore, government intervention can lessen the impact of a recession. For example, a stimulus, or increased government spending, can compensate for decreased private spending, thereby boosting aggregate demand and closing the output gap in the economy.

https://www.investopedia.com/terms/s/stimulus-package.asp

What Is Welfare?

Welfare refers to a range of government programs that provide financial or other aid to individuals or groups who cannot support themselves. Welfare programs are typically funded by taxpayers and allow people to cope with financial stress during rough periods of their lives. In most cases, people who use welfare will receive a biweekly or monthly payment. The goals of welfare vary, as it looks to promote the pursuance of work, education, or, in some instances, a better standard of living.

Welfare refers to government-sponsored assistance programs for individuals and families in need, including programs as health care assistance, food stamps, and unemployment compensation.Welfare programs are typically funded through taxation.

https://www.investopedia.com/terms/w/welfare.asp

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Just because some government paid/sponsored ? academic wrote it does not mean that it is right or that it represents the best option for the people that politicians are supposed to represent
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