Meltdown 101: Highlights of economic stimulus plan

Now that there's a tentative agreement on the economic stimulus plan that President Barack Obama and other supporters hope will provide a considerable jolt to the economy, how long will it take to get infrastructure and other projects moving? And do economists think the plan is big enough to create millions of jobs?

0

0

Vietnam announces $1 billion economic stimulus

Vietnam has announced a $1 billion stimulus plan as part of efforts to keep the economy growing amid the global downturn.

0

0

About 650,000 jobs have been saved or created under President Barack Obama's economic stimulus plan, the White House said Friday, saying it is on track to reach the president's goal of 3.5 million jobs by the end of next year.

1

1

"Alarmed by the rising jobless rate, Democrats are scrambling to "do something" to create jobs. You may have thought that was supposed to be the point of February's $780 billion stimulus plan, and indeed it was.

7

11

A search of Thomas, the Library of Congress Web site that tracks legislation, shows that H.R. 1, the economic stimulus bill known as the American Recovery and Reinvestment Act of 2009, was formally introduced in the House on Jan. 26.

1

1

Government Stimulus Spending: Differing Perspectives

By Thomas E. Brewton President Franklin Roosevelt, speaking of the intractable Depression, sourly admitted that Keynesian fiscal policy, in theory, was the simplest thing in the world, but in practice, a disaster.

0

1

China reduced its holdings of US government debt by the largest margin in nearly nine years in June, according to data from the US Treasury.

1

7

In the crowd, Shelley Ahlersmeyer, a part-time paralegal who lives in Warsaw, Ind., said too many of her friends and family are having trouble finding work to call the stimulus plan a success.

1

0

In March, Texas Gov. Rick Perry rejected $555 million in federal stimulus money that would have expanded unemployment benefits for Texans.

4

2

Oexcerpt: ""n Sunday, Sen. Jon Kyl (R-AZ) called on the Obama Administration to cancel the rest of the stimulus plan, saying it was a complete failure. Sen.

7

13

As debate grows about a possible second stimulus package for the flagging American economy, at least one legendary investor is giving the idea his guarded approval.

7

21

Barely half of Americans are now confident that President Obama's $787 billion stimulus measure will boost the economy, and the rapid rise in optimism about the state of the nation that followed the 2008 election has abated, according to a new Washington Post-ABC News poll.

2

5

The Federation of Canadian Municipalities endorsed a controversial proposal to support communities that refuse to buy products from countries that put trade restrictions on products and services from Canada.

16

71

Teabaggers not steeped long enough

In reply to an e-mail from a family member who considers himself a "teabagger" I composed the following response. I spent considerable time researching many of the allegations of pork spending in the President's stimulus spending bill.

6

0

Girlfriend just can't keep her Naughty Monkey shoes out of her mouth. First she won't take the money. Then the money has strings.... which aren't found. Then she just takes the money. Then she said she never said she wasn't going to take the money.

4

1

TALLAHASSEE — Florida House and Senate leaders are struggling to reconcile their competing $65 billion-plus spending plans before the fast-approaching May 1 end of the lawmaking session.

0

0

Governor Riley will not Recommend Change in State Law that will Lead to Tax Increase Federal stimulus requires Legislature to change law to expand unemployment compensation coverage; will lead to annual $17 million tax increase when stimulus funds run out

1

0

Gov. Rick Perry announced Thursday at a press conference in Houston that he will reject the $550 million in federal stimulus funds designated to support unemployment insurance.

1

1

Obama to educators; be good or be gone.

In a recent speech to the National Hispanic Chamber of Commerce; President Obama held nothing back in his criticism of the public school system in the United States.

1

8

Uncompromising Republicans May Have Re-election Anxiety

Party interactions between the Democrats and Republicans during President Obama's first months in office have shown bipartisan politics to be little more than a campaign promise that cannot be kept.

4

4

Dog Bites Stimulus Package

I hadn't realized it until I read Daniel Henninger's Wall Streer Journal opinon article, "Obama's 'Hair of the Dog' Stimulus" that the $8 per week tax credit called "Making Work Pay" is supposed to be the clever centerpiece of the $787 trillion stimulus plan, the self-des …

0

0

Going Back to School to Create Jobs?

With the stock market dropping to new lows, massive layoffs, major deficits, and a mortgage crisis our new President decided that our economy needed a boost. After much scrutiny President Obama's stimulus plan was finally passed.

2

3

With the declining economy, Americans are cutting back on spending... but cutting back on what? Spending less on what?

5

14

As the US economy continues to spiral downward, there is one business that is improving even as others close their doors: the public library.

1

0

Was Santelli's rant really so spontaneous? How did a minor-league TV figure get so quickly launched into a nationwide rightwing blog sensation? Why were so many sites and organizations online and live within minutes or hours after his rant, leading to a nationwide protest just  …

2

0

FDR's New Deal Compared to the Stimulus Package

Would it were not so, but I can not write any better a critique of Keynesian economic thinking as misunderstood by the Obamunists than this adaptation from a speech delivered Jan. 9, 2009, in Washington D.C. at a seminar sponsored by Hillsdale College's Allan P. Kirby, Jr.

0

0

It shouldn't be long before ACORN recruits "Octomom" Nadya Suleman to serve as the radical left-wing group's foreclosure poster child. The jobless, unmarried mother of 14 faces eviction from her home in two weeks.

0

0