Monday, September 07, 2009

Stimulus Question-mark

After reading this article it references these figures that has been payed out to help with recession:
  • $60 billion of the $288 billion in promised tax cuts to U.S. households
  • $84 billion of the $499 billion in spending has been paid.
  • $200 billion has been promised to certain projects, such as infrastructure and energy projects.
Thus, there is a chance we shall be doing better with the economy as opposed to doing nothing. However, will these be long or short trem effects.

As, it seems unemployment is still on the ropes, even in North Carolina.

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