The United States is going through the worst financial crisis since the Great Depression. Are the government’s efforts to pull the economy out of a devastating recession beginning to show signs of progress?
By no means are we out of the woods just yet, but we are beginning to see glimmers of hope, according to the [...]
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As The G20 met yesterday in London, we stand amidst the ruins of our global economy. The agreement reached between the heads of the 20 leading economies will begin to draw up the blueprint for a new global economy that will rise out of the rubble.
There is cause for global celebration: we are moving into a [...]
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The news isn’t getting much better in the financial sector. What does the future hold for Americans and the world? With the domestic and world markets struggling, and with new bad news on the economy arriving by the day, it’s no wonder that 60% of Americans believe a depression is “likely.”
Today from Yahoo!Finance see below:
NEW YORK (Reuters) [...]
What does the future hold following the passage of stimulus bill?
WASHINGTON – With job losses soaring nationwide, Senate Democrats reached agreement with key Republicans Friday night on an economic stimulus measure at the heart of President Barack Obama’s plan for combatting the worst recession in decades. “The American people want us to work together. They don’t want to [...]
Congress is racing to pass a giant bill to stimulate the economy. But a key piece of it may be a little slower in coming than many people expect.
The biggest single tax break in the Democrats’ proposed economic recovery package is the $145 billion “Make Work Pay Credit.”
The credit, which President Obama championed, would reach [...]
We are at a historical point in our country’s economic health. As the real estate market continues to deteriorate and job loss numbers hit record highs, can our government really rescue us? The first indication will be if they can finally put their party differences aside and focus on the fact that something has to [...]
With a new president and a promise of a large government assistance program to stimulate the economy, what does all of this mean to you? The following news story gives insight.
With our first glimpse into how the government wants to use $825 billion to juice the economy, it’s clear that some of the money will [...]
LONDON – Britain announced a second rescue plan for the country’s ailing banks on Monday, hoping to thaw frozen lending by offering to insure banks against large-scale losses on bad assets they already hold.
London’s stock market, however, was spooked by fears that the latest government move was a step toward full nationalization of one or more banks. [...]
Will Obama’s economic recovery plan help stimulate the weakening economy, create jobs and save the housing market? Only time will tell…..
BEDFORD HEIGHTS, Ohio – Taking his economic pitch on the road Friday, President-elect Barack Obama promoted his plans to create long-lasting, well-paying jobs in cutting-edge industries like alternative energy as part of his mammoth plan to pull the country [...]
Economy: Stimulating the economy with massive new investments in “green” infrastructure seems to be a popular idea, and President-elect Obama has made it a centerpiece of his program. Will it work? We doubt it.
Both Obama and congressional Democrats believe we can move to a new carbon-free future by “investing” in “green” technologies and infrastructure, while [...]
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