@ISIDEWITHQuestionseconomy11yrs ago

Should the government use economic stimulus to aid the country during times of recession?

Answer Overview

Response rates from 40 Lithuania voters.

77%
Yes
22%
No
52%
Yes
17%
No
10%
Yes, but in the form of tax breaks for low income citizens
5%
No, recession is a natural cycle that purges excess
7%
Yes, but in the form of assisting sectors most heavily hit by the recession
0%
No, and the government should drastically reduce spending during recessions
2%
Yes, the government should intervene to boost a recovery
2%
Yes, and collectivize all industry
2%
Yes, but in the form of tax breaks for all citizens
0%
Yes, but in the form of increased spending on infrastructure

Historical Support

Trend of support over time for each answer from 40 Lithuania voters.

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Historical Importance

Trend of how important this issue is for 40 Lithuania voters.

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Other Popular Answers

Unique answers from Lithuania voters whose views went beyond the provided options.

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  @lemans3427 from California submitted…1yr1Y

Commercial Real Estate Crisis Threatens Global Economy

Recent global events have sparked fears of a commercial real estate crisis in Europe, mirroring situations in Japan and the US. Notably, Deutsche Pfandbriefbank AG faces significant downturns due to the real estate market's weakness.The past week has witnessed significant downturns in the stock values of several banks worldwide, particularly those with substantial exposure to commercial property loans. Mirroring unsettling developments in Japan and the United States, Europe is now facing the prospect of an emerging commercial real estate crisis. Some senior officials at the European Central Bank say Germany will inevitably be a special focus as they examine CRE risks at banks across the region.“There is more pain to come in real estate valuations, so what does that mean for lenders and does that mean there is the potential for a crisis?”German banks have the most commercial real estate loans in the European Union, along with their French peers, but they have classified a relatively small portion of those loans as non-performing. Recently, however, that share has been rising while it declined in several other countries.“This is definitely not just a US problem,” said Valeriya Dinger, a professor of economics at Germany’s University of Osnabrueck. “I wouldn’t be surprised if we see a wave of loan loss provisions for German banks on their domestic commercial real estate exposure,” she said, even if there’s no systemic risk.German property values are particularly vulnerable to higher borrowing costs because capitalization rates — or the potential return on a real estate investment — were pushed lower there than in other markets during the cheap money era. That reflected in part the fact that yields on German government bonds, a benchmark for investors, were negative at the time.

 @ISIDEWITH submitted…1yr1Y

China Creates A Global Economic Shock

The first China shock came after a series of liberalizing reforms in China in the 1990s and its accession to the World Trade Organization in 2001. For U.S. consumers, this brought considerable benefits. One 2019 paper found that consumer prices in the U.S. for goods fell 2% for every extra percentage point of market share grabbed by Chinese imports, with the biggest benefits felt by people on low and middle incomes. But the China shock also piled pressure on domestic manufacturers. In 2016, Autor and other economists estimated that the U.S. lost more than two million jobs between 1999 and 2011 as a result of Chinese imports, as makers of furniture, toys and clothes buckled under the competition and workers in hollowed-out communities struggled to find new roles. A sequel of sorts appears to be under way. China’s economy expanded 5.2% last year, a subdued rate by its standards, and is expected to slow further as a drawn-out real-estate crunch crushes investment and consumers rein in spending. Capital Economics, a consulting firm, thinks annual growth will slow to around 2% by 2030. Beijing is seeking to engineer an economic turnaround by plowing money into factories, especially for semiconductors, aerospace, cars and renewable-energy equipment, and selling the resulting surplus abroad. Protectionism might shift some of the deflationary impact to other parts of the world, as Chinese exporters look for new markets in poorer countries. Those economies could see their own fledgling industries shrivel in the teeth of Chinese competition, much as the U.S. did in an earlier era.

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 @ISIDEWITH submitted…6mos6MO

Axis of Desperation: Russia Recruits North Korean Soldiers in Ukraine War

Secretary of Defense Lloyd J. Austin III confirmed on Wednesday that North Korea had sent troops to Russia to join the fight against Ukraine, a major shift in Moscow’s effort to win the war. Mr. Austin called the North’s presence a “very, very serious” escalation that would have ramifications in both Europe and Asia.“What exactly are they doing?” Mr. Austin told reporters at a military base in Italy after a trip to Ukraine. “Left to be seen.” He gave no details about the number of troops already there or the number expected to arrive.Mr. Austin cast President Vladimir V. Putin’s need for North Korean mercenaries as a sign of desperation.“This is an indication that he may be in even more trouble than most people realize,” he said. “He went tin-cupping early on to get additional weapons and materials from the D.P.R.K.,’’ he said, using the abbreviation for Democratic People’s Republic of Korea, “and then from Iran, and now he’s making a move to get more people.”But he said intelligence analysts were still trying to discern whether the troops were moving toward Ukraine.Ukrainian officials insist they are headed there, and Ukraine’s defense minister was quoted on Wednesday saying he expected to see North Korean troops in Kursk, the Russian territory that Ukraine has occupied, in the coming days.Mr. Austin’s statement came as American intelligence officials said they were preparing to release a trove of intelligence, including satellite photographs, that show troop ships moving from North Korea to training areas in Vladivostok on Russia’s east coast and other Russian territory further to the north.For two weeks, there have been reports of the movements, fueled by the Ukrainian and South Korean governments, that more than 12,000 North Koreans were training to fight alongside Russian soldiers.American officials have said they estimate that 2,500 North Korean troops have been dispatched. But they made no estimate of how many more might follow, or even how well they might perform on territory that the North’s conscripts have never fought in, amid fellow fighters who speak a different language.

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Active 1wk ago

 @ISIDEWITH submitted…5mos5MO

Kamala Harris is considering running for president again in 2028

Kamala Harris has been lying low since her defeat in the presidential race, unwinding with family and senior aides in Hawaii before heading back to the nation’s capital.But privately, the vice president has been instructing advisers and allies to keep her options open — whether for a possible 2028 presidential run, or even to run for governor in her home state of California in two years. As Harris has repeated in phone calls, “I am staying in the fight.”She is expected to explore those and other possible paths forward with family members over the winter holiday season, according to five people in the Harris inner circle, who were granted anonymity to discuss internal dynamics. Her deliberations follow an extraordinary four months in which Harris went from President Joe Biden’s running mate to the top of the ticket, reenergizing Democrats before ultimately crashing on election night.“She doesn’t have to decide if she wants to run for something again in the next six months,” said one former Harris campaign aide. “The natural thing to do would be to set up some type of entity that would give her the opportunity to travel and give speeches and preserve her political relationships.”“She doesn’t have to decide if she wants to run for something again in the next six months,” said one former Harris campaign aide. “The natural thing to do would be to set up some type of entity that would give her the opportunity to travel and give speeches and preserve her political relationships.”Harris concedes: 'We must accept the results of this election'SharePlay VideoMost immediately, Harris and her advisers are working to define how and when she will speak out against Donald Trump and reassert her own role in the Democratic Party. Closing out her term as vice president, she’s set to preside over certifying the November election she lost to Trump, and then appear at the once-and-future president’s inauguration on Jan. 20.“There will be a desire to hear her voice, and there won’t be a vacuum for long,” a person close to Harris said.At the same time, Harris and her husband, Doug Emhoff, will have a long checklist to plow through before they leave the Naval Observatory for good.They have to decide whether they’ll take up permanent residence at their home in Los Angeles, or establish a base elsewhere. No matter where Harris and her family live, some around her have expressed concerns about safety, as her Secret Service protection expires six months after stepping away.

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