Feed: Obama Stimulus Check - AggScore: 47.5

The US Economy In Recession

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By Gerard Jackson The economic news is indeed grim and getting grimmer, with rising unemployment flagging the bad news. Nearly 600,000 jobs went in the third quarter with more than 250,000 jobs going in September, which totalled 1.37 million job losses for the year, even though the unofficial unemployment rate stayed ...

Obama Stimulus Checks – Everyone benefits somehow

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Everyone can get something from the Obama Stimulus Plan. On the eve of the deadline for tax filing (April 15), the experts in local tax are advising everyone to take time to read the provisions regarding the tax relief that are included in the 2009 American Recovery and Reinvestment Act also ...

Economic Myths Part 6

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Continued from Economic Myths Part1 , Economic Myths Part 2, Economic Myths Part 3, Economic Myths Part 4 and Economic Myths Part 5 “And why has there been an increasing use of credit to supplement a drop off in purchasing power of the average American?” he triumphantly declares. Because, my cretinous ...

Economic Myths Part 5

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Continued from Economic Myths Part1 , Economic Myths Part 2, Economic Myths Part 3 and Economic Myths Part 4 This completely demolishes my critic’s view that “that productivity is used to supplant labour, not to enhance.” It should now be clear that he has committed the lump-labour fallacy which basically argues ...

Obama Stimulus & Home Sales

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Thanks to the Obama stimulus checks, home sales may soon increase Most of the local finance officials believe that the recent stimulus bill is the “real deal.” Aside from that, they also believe that the Obama stimulus checks will give a big kick to the industry of real estate all over ...

Economic Myths Part 4

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Continued from Economic Myths Part1 , Economic Myths Part 2 and Economic Myths Part 3 According to economic theory there is a tendency in the market place for every factor, including labour, to receive the full value of its marginal product. This means that labour, for example, will tend to get ...

Obama Stimulus Checks for Education

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In a recent interview, Education Secretary Arne Duncan said that the federal government will give stimulus checks to the struggling schools in the country. These funds will come from the stimulus package that President Obama signed. It aims to expand the school days, give credit to all the teachers who ...

Economic Myths Part 3

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Continued from Economic Myths Part1 and Economic Myths Part 2 But as my profound and well informed critic decided to make an unfavourable comparison between the US and Germany let’s look at some other facts. Unemployment stands at 9.4 per cent in Germany against 4.9 per cent in the US — ...

Obama Stimulus Check – Recovery Act Details

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The American Recovery and Reinvestment Act of 2009 is the name of the act that relates to the stimulus package that has just been passed by congress. The finer details have already been checked with a fine tooth comb and it is now possible to comment on whether and if ...

Obama’s Stimulus Check

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The early stimulus package from the Obama administration is just beginning to gather questions and criticisms. Although President Barack Obama already mentioned that the package includes health and infrastructure projects, the Senate and the House leaders are now wondering if there are tax projects include in the bill. Many others ...