Economic stimulus in a time of recession: What will work and not work

Issue Brief
December 12, 2001 Download PDF

What will work

Short-term spending focused on unemployed workers:

Raising additional revenue from those who most benefited from the prosperity and tax cuts of the last decade:

Rejecting federal “stimulus” tax breaks that hurt Oregon’s economy:

What won’t work

Cuts in state spending:

Tax cuts for businesses:

Tax cuts for upper-income families:

Relying on an increase in “sin taxes” to balance the budget:

A response that deepens the structural problems with Oregon’s fiscal system: