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meiechl f09

In Colorado, Biden touts stimulus and new energy economy « Colorado Independent - 0 views

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    Speaking in Colorado, vice-president made a strong case for the creation of a 'new energy economy' as part of the stimulus program, claiming that it and a 'full throttle green program' are inextricably linked. He said that this form of stimulus has been successful in creating jobs and attracting venture capitalists.
joshuaechl f09

Stimulus credited with creating 682,779 jobs in the first quarter - 0 views

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    This article shows how the stimulus strategy is effective, supporting the notion that Keynsian theory is the most effective economic theory.
masayaechl f09

Obama pleads for bipartisan immigration reform - 0 views

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    Obama visited Iowa to make a speech about his future plans for econommic expansion and recovery of the middle class who have been hit hard by the recession. His stimulus package involves the investment into clean energy which have been criticizd for its validity and effectiveness.
matteaechl f09

Japan prices continue record fall - 2 views

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    Consumer prices in Japan have dropped by 2.4% in August. This was due to lower petrol and energy costs, as well as decreased demand. The central bank says that low interest rates and stimulus packages will prevent deflation. This article shows the importance of prices in a country's economy.
matteaechl f09

Greece Calls on EU-IMF Rescue Loans - 0 views

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    This article is about how Greece has formally asked for a rescue package for its heavily indebted economy. This should help reduce Greece's debt, which will in turn reduce interest rates. This will increase consumer spending and stimulate aggregate demand.
saraechl f09

Mortgage rates fall but lending remains muted - 0 views

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    This article is talking about the cost of home loans falling to the cheapest level in more than a year as competition amongst mortgage lenders continues to put pressure on interest rates. This relates to this week's topic because it is talking about lowering interest rates on mortgages to boost both consumer spending and corporate investment which will increase aggregate demand.
marcelorodriguezechl f09

Editorial - Job Creation Basics - NYTimes.com - 0 views

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    This article esplains how Obama is trying to stimulate the labor market, through creating the necessary conditions for hiring, in order to decrease unemployment. His measures are intended to help the unemployed through stimulating hiring conditions.
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