US Economic Stimulus Plan

The $787 billion dollar stimulus package that is central to President Barack Obama's recovery plan moved one step closer to becoming law after it passed a final vote in the House on Friday, February 13, 2009.

Called the biggest piece of make-work legislation since Roosevelt’s New Deal, Republicans did not support the amended plan and remain critical claiming the American Recovery and Reinvestment Act is not the bipartisan document that Democrats suggest it is.

The final draft passed the Senate with limited support from the Republican party; only three Republican senators voted in favor of the bill. The American Recovery and Reinvestment Act will be signed into law by President Obama in Denver, Colorado on February 17, 2009.

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Recovery?

Stocks bounce. Bonds bounce. An economy that bounces following the Japanese experience, with a long, slow on-again/off-again period of depression to expecting some quarters of growth, followed by quarters of...

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We're wasting energy not creating jobs and failing to compete in the global economy, and we end up bickering when the economy needs urgent action.

US President Barack Obama

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"thinking any new stimulus package should include investments in tech start ups. ..http://tinyurl.com/decy2a..."

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"I CAN'T BELIEVE THEY ACTUALLY PASSED THAT TRAITOROUS STIMULUS BILL! *is very angry*..."

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"Proposal: if Congress gives me $5 million out of the stimulus plan, I promise to spend it all in the US economy within 2 weeks. Just sayin'..."

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