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The Economy – Is it or isn’t it getting better? December 14, 2009

Posted by bigworldcentral in Breaking News, Misc., Politics, USA News.
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Even President Obama’s economic advisors and White House staff can’t seem to agree.  While top White House economic advisor Larry Summers says that key indicators show that the economy is expanding, others seemingly disagree.  In fact, on Thursday Tim Geithner said that the TARP program could face “big financial losses” and just today the Senate sent yet another $1.1 billion stimulus package to Obama’s desk.  Why would a country with an expanding economy require yet another stimulus package?  We expect that the funds from the newest package, the one President Obama is sure to sign, will become as uncollectible and wrought with fraud as the others leaving our country in yet more economic dire straights.  By the way, the more than 1,000 page stimulus bill was finished and delivered to lawmakers late in the week and voted on this morning – do you think that anyone read the entire bill?

What do you think?  How are you doing economically?  In your area are things improving?  We at Big World Central would like to know of positive (and negative) signs of economic recovery.

http://tinyurl.com/ydvgtk4  (Article citing Summers)

http://tinyurl.com/y9zvne2  (Article citing Geithner)

http://tinyurl.com/yds7kdw  (Article citing $1.1 Billion Stimulus Package)

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