G20 leaders agreed in Washington DC that all countries have to stimulate their economies to move the world out of the 2008/2009 recession, the worst we had since the Great Depression of the 1930's.

Because economies differ, each country will have to find the best way to revive its own economy. Throwing big money into bottomless pits will not achieve the desired results. Bailouts for struggling industries (without realistic restructuring) will prolong their suffering―keeping the dying on life-support.

The right kind of stimulation will restore the health of "patients" to such an extent that they can walk out of the hospital on their own legs. That is exactly what the development of a hydrogen economy can do to several industries―creating jobs on three levels:

1. Government incentives to auto manufacturers to produce hydrogen-propelled vehicles will jumpstart these factories and their satellite industries. They can proceed to make popular trucks, vans, and SUV's―running on hydrogen. This will save old jobs and create new ones.
2. Government incentives to develop a hydrogen refueling infrastructure will create many new businesses and jobs in order to:
   a. produce hydrogen,
   b. make it available at filling stations, and
   c. convert existing combustion engines to run on hydrogen.
3. Government incentives for the production of hydrogen from electricity generated by wind, water,  and sun will stimulate the development of this industry, creating jobs in the process. This electricity can be used to produce hydrogen from water, virtually "storing" electricity in hydrogen.

A thriving hydrogen economy will prevent a return to soaring fuel and food prices, something that helped to bedevil the world economy.

More jobs means more buying power and more tax revenue. Both will benefit the budgets of companies and governments.

Instead of dependent industries, surviving on bailouts, the hydrogen economy will establish healthy, growing businesses standing on their own feet.
This is the kind of stimulation the economy really needs.