Sixty four days into the Obama government and it seems the latest development in the overall economy points to an early economic recovery than most experts expected. Last March 24, Dow Jones Indexes organized a gathering of financial experts to assess the effects of the government bailout plan on the economy and they predicted that [...]
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Jason P. Jones
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Jason P. Jones
Just more than a month since the approval of the giant $787 billion stimulus package, there are already signs that the economy might be recovering. The package which is a combination of federal spending and tax cuts will provide one-time rebates to about 111 million families, tax breaks to businesses and ease mortgage loan limits. [...]
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Frank Elliot
The current US recession has been viewed by most as the worst that ever that hit the country and prompted the Obama administration to approve the $787 billion stimulus package last February, which it hopes will save the economy from further sliding down.
The unemployment has reached a 26 year high of 8.10 percent which is [...] -
Frank Elliot
The day after signing the $787 billion economic stimulus package, President Obama unveiled his housing plan which involves a hefty $75 billion to help prevent about nine million Americans from losing their homes. This is a sign that underscores the urgency of solving the economic crisis. The President made the announcement in Arizona, which is [...]
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John Parks
The Taxpayer’s Dozen
There are 12 areas of the economic stimulus package plan:
Tax relief, child tax credit, jobless benefits, health care, energy, education, infrastructure, science and technology, law enforcement, jump start on jobs, business breaks and accountability. To Democrats, this plan represents stabilizing the economy where it will see the most progress – helping people help [...] -
Heather Eagar
With various sectors of our economy falling apart left and right, many businesses are closing, or cutting back at the very least. As a result, thousands of employees each month are being let go.
Some of the businesses that have been around longer are handling the need to let employees go by asking them to take [...]