Saturday, January 23, 2010

Obama scrambles to revive economic optimism

He said a new stimulus spending bill emerging in Congress -- the White House is calling it a jobs bill -- must include tax breaks for small business hiring and for people trying to make their homes more energy efficient -- two proposals he wasn't able to get into a bill the House passed last month.

Stimulus II is coming and will be as ineffective as the first one. Of course, this means bigger mind-numbing bond auctions.

Source: finance.yahoo.com

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