Automatic stabilizers during recession2/19/2023 ![]() For example, Congress did not expand UI until six months after the Great Recession began, and Republicans let that expansion expire in 2013 even though nearly 4 million people were long-term unemployed.Īs the pandemic lockdowns took hold last May, Congress passed the CARES Act more quickly, but interrupted that aid by creating and then missing self-imposed deadlines to extend the bill’s programs. Lawmakers can always vote to spend more or less than automatic stabilizers prescribe, but strong stabilizers would mitigate changes in economic demand even if Congress failed to change aid policy quickly, as they often have during recent downturns.
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