The economy is not doing well!! It is not only happening in the United States but also in Europe. As young professionals we definitely do not need current leaders to jeopardize our future by implementing bad policies, particularly when it comes to our finances. Let’s hope that after the november elections everything will go back to normal.
CnnMoney.com had an article on the possibility of a second stimulus plan!
Title: “Ideas for a 2nd stimulus cover broad swath”
Abstract: “The drumbeat for lawmakers to do more to boost the economy is growing louder. And the chances have increased that Congress could pass a second stimulus package during its lameduck session following the presidential election.
Over the weekend, Ed Lazear, the president’s chief economic adviser, said that at least “parts of the country” are already in recession.
On Monday, Federal Reserve Chairman Ben Bernanke told House lawmakers that “consideration of a fiscal package by the Congress at this juncture seems appropriate” given the risk of …”
Read the article at: http://finance.yahoo.com/banking-budgeting/article/105996/Ideas-for-2nd-Stimulus-Cover-Broad-Swath
What do you think?
