Which policy would you suggest he adopt and why?

Imagine you are an advisor to the president, and the economy has suddenly tanked.

The president has two options:

(1) he can try to stimulate the economy by getting ordinary citizens to spend, specifically by sending everyone a check for $1000

(2) he can try to stimulate the economy by getting major corporations to hire more employees by offering them a $20,000 tax credit for each new employee they hire.

Which policy would you suggest he adopt and why?