President Obama’s jobs plan, which he outlined Thursday night in a televised speech to the nation, is more ambitious than many people might have predicted. It’s a $447 billion package including lots of tax cuts and some serious infrastructure spending, on things like rehabbing schools and rebuilding America’s decaying transport system. The question is whether [...]
While the economy teeters on a cliff, Americans want to know what's inside President Obama's new jobs plan. Here are a few good guesses.
According to the New York Times columnist and Nobel Prize laureate, you know what would end the economic slump in 18 months? Aliens.
The Federal Reserve’s announcement this week that it would keep a key interest rate near zero seemed designed to calm the jittery stock market. Whether the announcement was good for real estate is another story.
It’s time for new housing market stimulus. But how? Home sales fell 3.8% in May. That might not sound like a big drop in sales. After all, real estate is double dipping. But for this time of year, it’s big. May and June are typically prime home buying months. So if homes aren’t selling now, [...]
We're wired to understand complex concepts by grounding them in simpler ones. It's often an effective way to get by in a complex world–but can lead us astray when it comes to our finances.
If the economic news wasn’t bad enough after the release of yet another anemic jobs report, the highly influential global ratings agency Moody’s just announced that it was contemplating a downgrade of the U.S.’s credit rating.
Remember the 2008 stimulus checks that President Bush OK’d, hoping the recipients would spend the money and give the economy a boost? Most people just put the money in the bank.
President Obama just announced he wants to use some $200 billion in unused TARP money to give the economy another kick in the pants toward prosperity. Included in the plan is a provision for the much-rumored “Cash for Caulkers” program, in which homeowners would receive rebates for certain home improvement projects.
Here are ten things to do this summer that are free or cheap, and that are at least more productive than loafing on the couch. You’ve got the time, right?
Has the stimulus bill helped all that many industries, let alone individuals? If the president had done nothing, would we be in any worse shape than we are today? Was the stimulus a waste of time and money? Was it not enough money?
