@ISIDEWITHQuestionseconomy11yrs ago

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

Answer Overview

Response rates from 255 Swiss voters.

80%
Yes
20%
No
73%
Yes
17%
No
2%
Yes, and collectivize all industry
2%
No, recession is a natural cycle that purges excess
2%
Yes, but in the form of assisting sectors most heavily hit by the recession
1%
No, and the government should drastically reduce spending during recessions
1%
Yes, but in the form of tax breaks for low income citizens
1%
Yes, but in the form of increased spending on infrastructure
0%
Yes, the government should intervene to boost a recovery
0%
Yes, but in the form of tax breaks for all citizens

Historical Support

Trend of support over time for each answer from 255 Swiss voters.

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Historical Importance

Trend of how important this issue is for 255 Swiss voters.

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Other Popular Answers

Unique answers from Swiss 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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Active 13hrs ago

 @ISIDEWITH submitted…4mos4MO

US Jewish Groups Oppose Resettling Gaza

JTA — A number of major centrist and liberal American Jewish groups say they oppose the re-establishment of Israeli settlements in Gaza.The statements by some of the largest Jewish organizations in the country, made in response to press inquiries, come amid accusations that Israel has cleared out portions of northern Gaza, which Jerusalem has denied, and as far-right government ministers have called for resettling the Palestinian enclave. Finance Minister Bezalel Smotrich and National Security Minister Itamar Ben Gvir have also repeatedly called for Israel to encourage Palestinians to leave Gaza, drawing condemnation from the Biden administration.For several American Jewish groups — including some that have vocally defended Israel’s prosecution of its war in Gaza against Hamas — the idea of Israeli settlements in Gaza is a non-starter. Groups opposed to the idea include the Jewish Federations of North America, the American Jewish Committee and the Anti-Defamation League. Also opposed are bodies representing the Reform and Conservative movements, which together can claim to represent the majority of American Jews.“The land between the Jordan River and the Mediterranean Sea, indigenous to both Jews and Arabs, cannot be the exclusive domain of one people, but must be shared,” Jason Isaacson, AJC’s chief policy and political affairs officer, said. “Like the vast majority of Israelis, AJC believes that the re-establishment of Israeli settlements in Gaza, or a program of displacing Palestinians from Gaza or the West Bank, would be contrary to Israel’s interests.”Israel evacuated its Gaza settlements in 2005, and Prime Minister Benjamin Netanyahu has repeatedly ruled out the idea of re-establishing them after the war. But while most Israelis oppose the idea, more than a third — including 42% of Israeli Jews — support it, according to a recent poll by the Israel Democracy Institute. That includes nearly 60% of Israeli Jewish right-wingers, the current government’s voter base.“Ideas like settlement in Gaza are welcome, we need to remember that, in the end, that’s the biggest punishment for what they did to us on October 7,” Ben-Gvir said in an interview on Israeli radio this month, referencing the Hamas terror onslaught in southern Israel, in which some 1,200 people were slaughtered and 251 were seized as hostages, sparking the war in the enclave.

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