Impatience builds over slow-moving stimulus

The record-breaking $787 billion fiscal stimulus package that Congress passed in February is not breaking records on the job front. In California, with 11.5 percent unemployment, it has done little more than prevent layoffs of state workers.

In response, Democrats who sold the stimulus as a way to cap the national unemployment rate at 8 percent are scrambling to explain why hundreds of thousands of jobs disappear each month.

And House ... Full Story »

Posted by Leo Romero - via Google News (U.S.)
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Subjects: U.S., Politics, Business
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Posted by: Posted by Leo Romero - Jul 12, 2009 - 4:03 AM PDT
Content Type: Article
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Edited by: Leo Romero - Jul 12, 2009 - 9:59 AM PDT

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3.7
by Samuel W. Velsor IV - Jul. 12, 2009

Failed to mention how much of their problems were made by their own lack in passing needed tax legislation.

California is in big trouble with unemployment at 11.5 thats 2 point over the national average. Their problems are self made as the people of ... More »

As President Obama’s first signature achievement, touted as not only promoting recovery but laying a new economic foundation, the stimulus is drawing fierce More »

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by Leo Romero - Jul. 12, 2009
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3.6
by Fabrice Florin - Jul. 12, 2009
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