Saturday, July 11, 2009

OBAMA: NO TO SECOND STIMULUS


Saying that curtailing the rise in unemployment takes time and that Republicans who have opposed more stimulus have had no better solutions (other than that 500 word term paper they handed in weeks back on the matter), Obama has nixed plans for a second stimulus. Economic gurus like Warren Buffet and Pau Krugman think another stimulus is needed. Others like radio talk show host Sean Hannity feel that the Stimulus has been poorly deferred and used for pork projects instead of being used as a direct injection to the failing economy. read article

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