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24 Jan 2010 10:48

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U.S.: Hatin’ on the stimulus: Obama’s key legislation gets no love

  • 56% of Americans don’t want the stimulus anymore source
Posted by Ernie Smith • 0 Comments • Permalink

30 Dec 2009 10:55

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Politics: Fear the double-dip: Some analyst says we need more stimulus

  • The only reason that the U.S. economy is doing as well as it is, is because of the government stimulus package. Now, if the government doesn’t introduce another stimulus package, this one will burn off in the first half and in the second half we could easily slip back into recession.
  • Westwood Capital Managing Director Len Blum • Arguing for the need for more stimulus on CNBC this morning. He notes that the government isn’t exactly in a position to be giving out more stimulus money due to the massive amount of lending it’s doing at the moment. Is this guy full of it? Depends on who you ask. Others argue that we might see a soft landing instead of a double dip. We argue that CNBC is full of speculation and it’s kinda hard to trust the speculation from their network. source
Posted by Ernie Smith • 0 Comments • Permalink

17 Dec 2009 22:23

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Tech, U.S.: One place the stimulus is helping: More broadband in more places

  • $7.2
    billion     in funds is headed for communities in need of better broadband Internet access
  • $183 million is headed to 17 different states starting right about now (hooray rural states!) source
Posted by Ernie Smith • 0 Comments • Permalink

09 Dec 2009 00:56

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U.S.: Obama’s plan for doling out more jobs: Spend some more!

  • $100
    billion     to help with additional benefits, food stamps and health insurance for the unemployed
  • $70
    billion     to create more jobs, except this time with more sprinkles and frosting, we think source
Posted by Ernie Smith • 0 Comments • Permalink

08 Dec 2009 09:59

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World: Looking to fend off recession, Japan pushes their own stimulus

  • $81 billion to help keep their economy afloat source
Posted by Ernie Smith • 0 Comments • Permalink

18 Nov 2009 21:11

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U.S.: Recovery.org is looking a little inflated nowadays

  • Tons of stimulus aid went to nonexistent districts, the site says. Question: Do you know where Arizona’s 86th district is? Well, (surprise!) it doesn’t exist – for the record, Arizona only has eight districts. It got a lot of stimulus money, though, according to Recovery.org. The government had a lot of explaining to do about the errors, but let’s just say they’re getting fixed. And Joe Biden was stuck trying to explain the errors on “The Daily Show” last night. (He tried really hard to downplay the bad press.) source
Posted by Ernie Smith • 0 Comments • Permalink

16 Nov 2009 11:01

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Politics: Florida Gov. Charlie Crist: A marked man for supporting Obama

At the time, this embrace – and Crist’s embrace of the Obama’s stimulus plan – seemed like a good idea. Then the tea parties began, and now Crist is in trouble. source
Posted by Ernie Smith • 0 Comments • Permalink
 

31 Oct 2009 10:45

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U.S.: Where did the stimulus save jobs, mostly? Education. Weird.

  • 325,000 of the jobs saved were in education – which is a nice, but unexpected windfall
  • 80,000 were in construction – despite the fact it was sold as a public-works program source
Posted by Ernie Smith • 0 Comments • Permalink

30 Oct 2009 09:12

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Biz, U.S.: Consumer spending doesn’t keep up with clunker sales

  • +1.4% the increase in consumer spending in August, largely thanks to cash for clunkers
  • -0.5% the comedown after the high in September, which isn’t promising for the holidays source
Posted by Ernie Smith • 0 Comments • Permalink

30 Oct 2009 08:57

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U.S.: The White House is ready to pounce on this stimulus jobs number

  • 650,000 brand new jobs created source
Posted by Ernie Smith • 0 Comments • Permalink
 
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