From the category archives:

economy

First Time Homebuyer Tax Credit of $8,000 in 2009 Economic Stimulus Package

February 20, 2009

Stimulus Package Good For First Time Homebuyers

The 2009 Economic Stimulus Package passed and was signed into law earlier this week.   On Wednesday I posted about what parts of the stimulus bill will affect individuals, and what benefits you can receive from the stimulus package.
Today I thought I’d take a closer look at one of those [...]

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How The Stimulus Package Will Affect Individuals: What Will I Get?

February 18, 2009

The Stimulus Bill Has Passed
Now that the $787 billion stimulus package has passed and been signed into law by President Obama, everyone is scrambling trying to figure out what they’ll get out of the deal.
CNN put out a post a couple of days ago detailing how the stimulus package would affect individual taxpayers. Here’s a [...]

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Congressional Budget Office Says 2009 Stimulus Package Could Be Harmful To Economy

February 6, 2009

photo credit: kevindooley
The Congressional Budget Office released a statement this week stating that they believed the current versions of the 2009 stimulus package would actually be harmful to our nation’s economy in the long run.
President Obama’s economic recovery package will actually hurt the economy more in the long run than if he were to [...]

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Voter Support For Stimulus Package Is Dropping

February 5, 2009

The more I’ve been hearing about the stimulus package that President Obama has been pushing these past few weeks, the less I’ve liked about it.   It seems to be full of all sorts of unnecessary spending, and a good deal of it not even targeted in ways that could actually help.  Now, according to a [...]

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Stimulus Package Was Needed But It Won’t End the Crunch

January 13, 2009

photo credit: Hey Paul
Today Ben Bernanke talked about the stimulus package currently being discussed by President-elect Obama and his incoming administration.  He believes it will help, but that it won’t be enough to bring a lasting recovery.  From the International Herald Tribune:
The chairman of the Federal Reserve, Ben Bernanke, said Tuesday that the fiscal [...]

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President-Elect Obama Talks About Tax Cuts And Stimulus Package

January 6, 2009

In his address this week President-elect Obama talked about how his administration plans to face the many economic challenges that face them this coming year.
In this week’s weekly address, President-elect Barack Obama lays out the challenges that face us in the new year, and his plan for taking them on.
“We need an American Recovery and [...]

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Obama 2009 Stimulus Plan Could Exceed $775 Billion Dollars

December 30, 2008

As the new year gets closer the President-elect and his team are making plans for the new year, and his first term in office.
One of the first things on the table, a stimulus package that could reach or exceed $775 billion dollars.
Regarding the new administration’s stimulus plan, Mr. Axelrod also said that the exact dollar [...]

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Greed. It Never Ends Well.

December 15, 2008

If you’ve been watching the news lately you’ve probably seen the rash of bad news that we’ve had surrounding large companies and CEOs keeping cooked books, running Ponzi schemes and just defrauding people in all sorts of ways.  It hasn’t been one isolated incident, but multiple incidents.  The one thing they all have in common?  [...]

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Obama Considers $500 Billion Stimulus Package For Early 2009

November 26, 2008

photo credit: Tony the Misfit
Sounds like a stimulus plan is in the works, to be signed by President elect Obama once he is sworn in.  From the Wall Street Journal:
Aides to President-elect Barack Obama and President George W. Bush are rushing to craft measures to shore up financial markets and prevent a policy vacuum [...]

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