Articles in the economic stimulus Category

The Federal Reserve Board will spend $1.2 trillion to buy long-term government bonds and other securities as a way to stimulate economic activity. That $1.2 trillion could give every adult roughly $1,000 a month for six months. Give us the money. We’ll stimulate economic activity by our spending. We’ll make mortgage payments, ending the foreclosure [...]

Here’s some data from The Associated Press: “The country has seen sizable layoffs during the current recession, which began in December 2007. A net total of about 2.6 million jobs were lost last year.” “In another report, the government said that new jobless claims jumped far more than expected last week in an already dismal [...]