Now that unemployment has topped 10 percent, some liberal-leaning economists see confirmation of their warnings that the $787 billion stimulus package President Obama signed into law last February was way too small. The economy needs a second big infusion, they say.
WASHINGTON D.C. -- San Jose Mayor Chuck Reed had sharp criticism yesterday for the Obama administration's $787 billion dollar economic stimulus package, saying it's had a "minimal impact" on Silicon Valley.
A variety of economists say that economic stimulus legislation is helping an economy in free fall a year ago to grow again and shed fewer jobs than it otherwise would.
Thanks to President Obama's stimulus package earlier this year, Americans can get a tax credit that is bigger than the 'Cash for Clunkers' or 'First Time Homebuyer Tax Credit' programs. It's a tax credit for almost $6500 towards an electric vehicle - so the car is essentially free after rebate. To qualify the car can be purchased online up until December 31st 2009. (PRWeb Nov 20, 2009) Read the ...
Thanks to President Obama's stimulus package earlier this year, Americans can get a tax credit that is bigger than the 'Cash for Clunkers' or 'First Time Homebuyer Tax Credit' programs. It's a tax credit for almost $6500 towards an electric vehicle - so the car is essentially free after rebate. To qualify the car can be purchased online up until December 31st 2009.
VietNamNet Bridge – The government’s announcement on the second stimulus package is helping sales of high grade apartments. Hanoi ’s real estate market is now quite different from two months ago.
KUALA LUMPUR: The Government has no plans to introduce additional stimulus package but it is confident of achieving a 5% economic growth next year, said Minister in the Prime Minister's Department Tan Sri Nor Mohamed Yakcop.
With the objective of giving small businesses a corner in cyberspace to hawk their merchandise, Internet giant Google unveiled recently what it calls its Philippine business stimulus package.
The economic stimulus package draws new scrutiny. Are its numbers 'propaganda' or coding errors? Hundreds of new jobs in phantom congressional districts. Nearly 500 new teaching slots in a Chicago school district that employs only 290.
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