Word: stimulus
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...secret formula to help the nation get back its zeal for what it used to enthusiastically and sincerely call progress. But even though the U.S. is a mature, developed country, many economists believe it has shortchanged infrastructure investment for decades. It possibly did so again in this year's stimulus package. Just $144 billion of the $787 billion stimulus bill Congress passed earlier this year went to direct infrastructure spending. According to IHS Global Insight, an economic-consulting firm, U.S. spending on transportation infrastructure will actually decline overall in 2009 when state budgets are factored in - this at a time...
...this rally just reflecting the government's huge stimulus? The recovery in the stock market is really a function of the fact that corporate profits continue to be pretty strong, and that's because there is low wage pressure and, overall, companies have done a pretty good job of running efficiently...
...stimulus, we are in a slow recovery environment, but the fiscal and monetary stimulus is obviously having a positive impact...
...early to really celebrate. Obama's speech, after all, was strikingly partisan, lambasting the GOP for doing nothing more than "saying no, stopping progress, gumming up the works." That change in tone from his fruitless attempts at outreach 10 months before in the run-up to the stimulus vote made it clear that Democrats are now resigned to going it alone both in the House and the Senate. Majority leader Harry Reid has moved away from the lone Republican still negotiating on health care, Maine's Olympia Snowe, and toward a plan to pass the bill relying solely on Democratic...
...Still, they aren't blind to polls that show that voters see all of Washington's work running together: auto and bank bailouts, massive budgets, record deficits, stimulus, climate change and now a $1.1 trillion health care bill. Worse yet, the odds of a jobless economic recovery are looking increasingly likely. But Dems don't feel they have much of a choice, having concluded that doing something is better than supporting the status quo. "It is the third anniversary of Democrats winning the House and Senate for the American people - Nov. 7, 2006," Pelosi told reporters on Saturday morning...