Well I called this one eh? As I stated earlier this week - "stimulus" rumors will be released by US and Global governments to prop up the market again and prevent further erosion. No sooner did the word "stimulus" utter - the casino window reopens and the market goes wild - again. Don't actually need to have a stimulus - just mention the possibility is all that is needed. Clowns
Granny wantin' to know if dat means she gonna get another stimulus check?... Some at Fed Are Urging Pre-emptive Stimulus July 30, 2012 - WASHINGTON Some Federal Reserve officials are reviving an idea that rose and fell with Alan Greenspan, the former Fed chairman, as they seek to persuade colleagues to take new action to stimulate growth.
Stimulus is a very good idea for America. Yeah, it didn't work first time around like Obama wanted, but the theory is very sound. Think next time a stim. comes around the government needs to suggest to the people getting the money to spend it, lol. Sounds silly I know, but the problem with the first stimulus was that people mainly invested into vehicles, which wasn't the kind of consumer spending teh economy really needed. the US thrives on wasteful spending, i.e. buying new stuff simply because its new, and other things of that nature. Honestly, I think the stimulus checks should come with a little note or email informing the receiver why he or she is getting free money, and how said money can help our economy. Just make it easy for americans to see how they can help themselves, and the economy at the same time.
So far in our history the economy is never fixed, but it does have a cycle with stages that it repeats: Getting ready to go under Going under Under Recovering Recovered
The only thing stimulated was the debt. It stimulated a lot of debt due to overspending. It's looney tunes. Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job
So Obama is gonna give rich people free money or near free money again? Man, TM, Rtard, Marc, FranhasHPV, Chris, RW should love that.