Obama Stimulus Check

The American Recovery and Reinvestment Act of 2009 is the name of the act that relates to the stimulus package that has just been passed by congress. The finer details have already been checked with a fine tooth comb and it is now possible to comment on whether and if so how the package relates [...]

The early stimulus package from the Obama administration is just beginning to gather questions and criticisms. Although President Barack Obama already mentioned that the package includes health and infrastructure projects, the Senate and the House leaders are now wondering if there are tax projects include in the bill. Many others are wondering if Obama will [...]

Continued from Economic Myths Part 1
For example, twelve US economists calculated that the inflation rate had been overstated for the past twenty years or more, with revised rates ranging from 0.4 per cent a year to 1.8 per cent. W. Michael Cox and Richard Alm averaged the results out to 1.1 per cent a year [...]