President Obama has signed the Stimulus Bill and the hope is that putting the plan into action will jumpstart the economy and bring some relief to recession weary Americans.
Word has it that President Obama has also readied “a new $50 billion foreclosure rescue for legions of Americans who are in danger of losing their homes.”
White House press secretary, Robert Gibbs, said today that President Obama has also “not ruled out a second stimulus package. Let’s hope we don’t need to go down that road, but frankly, as a small business owner, I want to see the economy back on track.
While speaking to reporters on Air Force One, en route to Denver, Mr. Gibbs said, “I think the president is going to do what’s necessary to grow this economy.” While “there are no particular plans at this point for a second stimulus package,” he added, “I wouldn’t foreclose it.”
Obama will visit Phoenix on Wednesday, where he will “unveil his new housing plan.”
Americans United Coalition released an ad today to remind everyone that economic recovery act is one of the many steps the government needs to take to straighten out the economy:
Well… I think consumers need to get their confidence back. We’ll see what the stimulus brings before we all run out and spend, eh?
We are planning to spend our 800 dollars towards a new fence. It will go to a local contractor who has seen his companies work load slow down, and had to lay people off. Just our own ‘little’ shovel ready project.
This is a little OT, but did anyone see Larry King Live tonight with Bill Clinton? What a great interview. They discussed many things, and as usual, Bill’s remarks were very good and insightful and just plain smart. I never get tired of listening to what this man has to say. He is the one person with the track record and stature to calm people’s fears about the current economy (while being honest about it) and provide support for Obama’s plans. He was very generous with his comments about that tonight. He is the hardest working former president I can ever remember.
# Audiegrl Says:
February 17th, 2009 at 10:43 pm
We are planning to spend our 800 dollars towards a new fence. It will go to a local contractor who has seen his companies work load slow down, and had to lay people off. Just our own ‘little’ shovel ready project.
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new electrical panel and some new wiring $1100, New window shades throughout: $700 (self install) and just getting warmed up.
lynnette Says:
February 17th, 2009 at 11:00 pm
did anyone see Larry King Live tonight with Bill Clinton?
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watching it now on the west coast replay Lynette… (9pm)
I love the part where Clinton applauds Obama for putting his kids first. He knows.
GeoT Says:
February 18th, 2009 at 12:34 am
I love the part where Clinton applauds Obama for putting his kids first. He knows.
I know. And he is right. A balanced life makes for a more effective President. I thought that was great.