Fast or slow recovery Executive summary Assignment

Fast or slow recovery Executive summary - Assignment ExampleLike wise to the economies of 1940s and 50s, the recovery was also followed by recession in 3 years. The new slump came as a way out of fiscal stimulus plan from the government, but the consumers will see little sense due to less borrowing power to carry out spending. With consumers being cautious on spending, the economy will overleap the main driving force to push it ahead hence collapsing again.The journalist is discussing the theories of a sharp resile after a steep drop, a short muster up followed by a recession again and how anxiety keeps gain slow. In a sharp rebound after a steep drop, employers commonly cut their payrolls and output so as to protect the company while customers delay majority of their purchases, when the growth return it will shoot up due to fierce expansion. In a short rebound followed by a recession again, the economy is build by fiscal stimulus program. Due to consumers who be unwilling to spend, the economy will go down once more due to lack of major driving force. The journalist assumes that the audiences are well educated and understand the present and past economic blot of the country. The authors evidence is based on past economic events and comparing and contrasting them with the menses