Welcome to The Breakfast Club! We’re a disorganized group of rebel lefties who hang out and chat if and when we’re not too hungover we’ve been bailed out we’re not too exhausted from last night’s (CENSORED) the caffeine kicks in. Join us every weekday morning at 9am (ET) and weekend morning at 10:30am (ET) to …
Tag: OpenThread
Jan 20 2016
The Breakfast Club (Another Day Older)
Welcome to The Breakfast Club! We’re a disorganized group of rebel lefties who hang out and chat if and when we’re not too hungover we’ve been bailed out we’re not too exhausted from last night’s (CENSORED) the caffeine kicks in. Join us every weekday morning at 9am (ET) and weekend morning at 10:30am (ET) to …
Jan 19 2009
Weekend News Digest
Weekend News Digest is an Open Thread
| From Yahoo News Top Stories |
1 Obama stimulus plan not sure bet to heal economy
By TOM RAUM, Associated Press Writer
Sun Jan 18, 4:46 am ET
| WASHINGTON – Barack Obama and his congressional allies are gambling that the largest public spending program since World War II and a new round of tax cuts will pry the economy from the recession’s iron grip and avert another Depression.
But what if they’re wrong? Some conservative economists say that additional stimulus may only prolong the grief at best, triggering runaway inflation down the road and resulting in an even more bloated federal bureaucracy. |
2 Economic stimulus bill to fuel Obama’s priorities
By CHARLES BABINGTON, Associated Press Writer
Sun Jan 18, 4:49 am ET
| WASHINGTON – The economic crisis that will dominate Barack Obama’s first 100 days as president, and beyond, will give him a rare chance to enact big portions of his agenda that otherwise might have languished for months or years.
Not since Franklin D. Roosevelt has a new president been poised to pack so many ambitious, costly – and, under more normal circumstances, highly contentious – projects into one fast-moving bill. As in 1933, a frightening economic collapse makes the quick political work possible, choking off longer debates and possible opposition that many of the initiatives would have faced in better times. Congress is working on a mammoth stimulus bill, costing $825 billion or more, to treat the sick economy. Obama is using it as a vehicle for an array of priorities, including billions of dollars for renewable energy, education and health care innovations. |