Articles About Stimulus Bill

Mark Zandi of Moody’s Analytics, who often discusses the economy, recently said something disturbing and fascinating about the possibility of a double-dip recession.  According to Zandi, it could be the only recession that we will ourselves into.   Zandi was talking about gloomy expectations that make people so nervous that in terms of economics, they freeze.  His […]

Several banks have found a new solution to the glut of foreclosed houses – many of them in poor condition.  It’s the bulldozer. Bank of America (BoA) owns a glut of abandoned houses that no one wants to purchase.  As a result, the nation’s largest mortgage servicer is bulldozing some of its most uninhabitable inventory.  Additionally, […]

The American recovery is on the road to recovery, unless the mounting federal deficit slows its momentum. A recent survey by Smart Brief and the international market research firm Ipsos of 841 financial professionals found that 67 percent think that stock prices will rise this year and that the country’s economic output will increase by […]

A 2010 survey conducted by the National Association of Business Economists (NABE) released in April confirms that the economy is in recovery, with industry demand showing expansion for a third consecutive quarter.  There’s good news in the fact that expectations for economic growth have spiked significantly.  Approximately 25 percent of survey respondents believe the real […]

Economic indicators show that the recession is over.  This is the opinion of Rick Mattoon, a senior economist and advisor in the economic research department of the Federal Reserve Bank of Chicago and a lecturer at the Kellogg School of Management at Northwestern University.  Rick’s primary research focuses on issues facing the Midwest regional economy. […]

After the success of the “Cash for Clunkers” and “Cash for Caulkers” programs, the Obama administration has rolled out “Cash for Appliances”, with the goal of replacing aging washers and refrigerators with new ones that consume less energy.  Funded by the $787 billion American Recovery and Reinvestment Act stimulus bill, “Cash for Appliances” is a […]