Final answer:
Stimulus programs can have drawbacks like crowding out effect, inflationary pressures, and debt accumulation.
Explanation:
Drawbacks to Recovery Stimulus Programs:
1. Crowding Out Effect: When the government increases spending through stimulus programs, it can lead to a decreased level of private investment.
2. Inflationary Pressures: Excessive stimulus can cause inflation, eroding purchasing power and leading to economic instability.
3. Debt Accumulation: Stimulus programs often involve taking on debt, which can burden future generations with repayment obligations.
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