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The United States Congress is likely to agree on a fiscal stimulus that could well be too small and insufficiently effective. Inadequate fiscal action has echoes in US history. For all the successes of the New Deal, there was insufficient fiscal stimulus to restore demand in the 1930s. It was the Second World War that finally got the economy going.


Walton, Michael. "Insufficiently Stimulating." Financial Express. February 12, 2009.