Remember that nice little boost many of us received during the last economic stimulus bill. Well I guess there's talk of another round. MSNBC has the story:
"Bernanke: Fresh stimulus worth considering"
Associated Press
WASHINGTON - Federal Reserve Chairman Ben Bernanke told Congress Monday a fresh round of government stimulus is a good idea because there’s a risk the country’s economic weakness could last for some time.
President Bush — backing away from an earlier stance — said he was open to the idea.
Bernanke’s remarks before the House Budget Committee marked his first endorsement of another round of energizing stimulus, something that Democrats on Capitol Hill have been pushing. “With the economy likely to be weak for several quarters, and with some risk of a protracted slowdown, consideration of a fiscal package by the Congress at this juncture seems appropriate,” Bernanke testified.
Read Full Article MSNBC
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1 comments:
Bailout this Bailout that...Where does the money come from in the so called global financial crisis. Have you looked into who owns the U.S. debt?
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