Economic Stimulus and Economically Distressed Workers

Publication Type:

Report

Source:

Center for Study of Working Class Life (2009)

URL:

http://www.stonybrook.edu/workingclass/resources/distress_full.pdf

Keywords:

employment; stimulus

Abstract:

Almost 21 percent of households in the U.S. are economically distressed, almost twice the official poverty rate. To reach full employment we need a stimulus package with sustained increases in government spending of $220 billion to generate a $330 billion increase in GDP required to create the new jobs. Economically distressed families also need structural economic reforms as well as the immediate benefits of the stimulus package.