Two proposals put forth by U.S. policymakers in recent years to stimulate the economy (and thereby help close the output gap) are the American Jobs Act (advanced by President Obama) and the Jobs Through Growth Act (developed by Senate Republicans).
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The American Jobs Act reflects the liberal preference for spurring economic growth through stimulating demand, which it would achieve primarily via stimulus spending and reduced taxes on workers.
Gap | Gap (clothing retailer) | The Gap | Gap, Hautes-Alpes | Cumberland Gap | Thoroughfare Gap | Input/output | Gary Puckett & The Union Gap | Delaware Water Gap National Recreation Area | Gap Inc. | Darién Gap | Nowlands Gap | Fox's Gap | Crampton's Gap | The Gap, Queensland | Ruggles of Red Gap | Pine Gap | output | Mid-Atlantic gap | Gary Puckett & The Union Gap's Greatest Hits | gap year | Cunninghams Gap | Turner's Gap | The New Gary Puckett and the Union Gap Album | The Generation Gap | Spark-gap transmitter | Short Gap, West Virginia | Short Gap | Shade Gap, Pennsylvania | Richard Beebe in the original line-up of '''Lew Irwin and The Credibility Gap''' (left to right): John Gilliland |
Orphanides has argued against output-gap-based policy rules, such as the Taylor rule, and in favour of non-activist policy rules drawing on Milton Friedman and Knut Wicksell.