For each of the following separate scenarios, discuss the associated shortcoming of fiscal policy: crowing out, impact lag, implementation lag, savings shift, recognition lag

1. This recession started 6 months ago, but the government did not recognize the problem.
2. The Prime Minister wants to raise taxes, but the policy is blocked by the Parliamnet.
3. The budget deficit is running high, and the government still cuts taxes. I need to save more to prepare for higher taxes in the future.
4. After the government buys every student a laptop, household spending on laptops decreases.
5. The government does not know that the economy is overheating, and it continues to increase spending.
6. The stimulus checks have been sent out. Yet economists expect it will take more than 3 months for the policy to have any effects.
7. After the government increases borrowings, interest rises. Firms reduce investments.