The government should issue a national economic plan every decade that specifies a specific goal with rewards based on meeting milestones. For example, say it is the 1960's and the Space Race is in full swing. The government should issue a national plan for the development of space related technologies with rewards for meeting goals such as a functional EVA suit, a powerful enough computer to calculate a moon landing, or a functional capsule for crew. By having a clear and defined goal to work towards, the nation can unify towards that objective, therefore boosting patriotism and the economy. Now, when it comes to a recession, the state should over bailouts only in the form of buying stock in that company. Taking the bailouts from the Subprime Mortgage Crisis, particularly the auto industry bailouts, only Ford, if memory serves, paid the government back. GM and Chrysler did not. By buying stock in the companies equal to the aid being granted, the government can enforce certain conditions and be granted access to a share of profits. Once the debt has been repaid, those shares will be considered nullified as no cost to the company.
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