"With stimulus fading, economy must find its way; And so far it looks bleak as home sales and stocks fall and joblessness stays high" by Robert Gavin, Globe Staff | August 25, 2010
There’s not much more help coming from Washington, analysts said.
You mean there was some?
This nation NEVER STOPPED LOSING JOBS I don't care WHAT the LYING GOVERNMENT ans MOUTHPIECE MSM said -- despite the STIMULOOT!
Nearly a TRILLION DOLLARS tossed at SPECIAL INTERESTS and WELL-CONNECTED CORPORATIONS that then kickback campaign contributions.
We are NOT FOOLED ANYMORE, MSM!!
Congress appears deadlocked on economic policy until at least the November election, while the Federal Reserve, which has cut its key interest rate to near zero, appears limited in what else it can do to spark the economy....
Then time to GET RID of that PRIVATE CONSORTIUM of BANKSTERS for GOOD!!
Many economists are forecasting painfully slow growth for the nation over the next several months. Few expect the economy to technically slip back into recession, but for millions of Americans, it will still feel like one....
These are the same guys who have been "surprised" by "unexpected" results the whole time, right?
When a GAMBLER keeps LOSING HIS BETS do you TAKE HIS ADVICE on the NEXT RACE?!?!
And the reason it STILL FEELS LIKE ONE to us is because IT STILL IS!
The GRAND DEPRESSION is ONGOING!
Holding back the recovery is sluggish consumer spending, weighed down by unemployment, tight credit, heavy debts, and depressed home values.
Related: Consumers Cutting Debt Killed Recovery
Out-of-Work Americans Killed Economic Recovery
Slow Saturday Special: U.S. Consumers Killed Economic Recovery
I TOLD YOU they would BLAME YOU, readers -- and that was SO LONG AGO!How come ALL the REPORTS SINCE have been filled with the SAME AGENDA-PUSHING BS?!!
Your MSM HAS FAILED YOU, AmerKa!!
For the time, business spending and exports, both of which have expanded solidly, are supporting the recovery.
So why aren't you, American?
For the expansion to kick into gear, analysts said, consumers, who drive about 70 percent of economic activity, must join in.
With what?
Where is MY F***ING BAILOUT BONUS worth BILLIONS?!?!
“It’s clear that consumers aren’t spending,’’ said Allen Sinai, chief economist at Decision Economics, a Boston financial advisory firm, “and as the consumer goes, so goes the economy.’’
That's because WE HAVE NOTHING TO SPEND!
I didn't even buy a Boston Globe today because it was not worth it.
Many economists say the nearly $800 billion stimulus helped bring the recession to an end, and, without it, the economy would be in much worse shape.
I'm tired of that last MSM s*** lie. How can they know that?
This lying corporate press is a PoS!
And the WHOLE POINT of that WASTE was so GOVERNMENT could TECHNICALLY CLAIM there is a RECOVERY!
I hope it was WORTH IT, American taxpayers!!
The recovery appears to have enough momentum to continue, Sinai said, but without additional stimulus, the unemployment rate will stay high....
There never was a reCovery you SoBS.
And the STIMULOOT isn't even over like that Globe liar said.
"Kerry bill would extend energy grants" by Bloomberg News | August 7, 2010
WASHINGTON — Grants for wind turbine and solar panel makers to help promote renewable energy would be extended for two years under a tax measure proposed by Senator John F. Kerry.
The legislation, introduced late Thursday, is similar to a $25 billion tax package being considered in the House, said Kevin Book, managing director at ClearView Energy Partners, a Washington-based policy analysis firm. Incentives in the bill would benefit renewable energy producers and equipment makers.
One provision would extend through 2012 a program that awarded almost $2 billion in grants last year for renewable energy projects, said Michael Eckhart, president of the American Council on Renewable Energy. The program is to expire this year.
“The renewable energy industry is facing a crisis, a market cliff at the end of the year,’’ Eckhart said in an Aug. 3 statement. “The impact of the financial crisis goes on, and if not addressed, the situation risks losing thousands of jobs that were just created.’’
The two-year extension would cost about $2.7 billion, Book said. The provision might be opposed by some Republicans and fiscally conservative Democrats, Book said.
The grant program passed Congress in 2009 as part of the American Recovery and Reinvestment Act to help ease the effect of the financial crisis on renewable-energy companies.
“In terms of raising the hackles of people who don’t want you to spend money, extending a one-time, once-in-a-lifetime benefit for two years is a big ask,’’ Book said in an interview.
The 2009 grants “helped stimulate nearly $9 billion of new investments by the private sector in renewable energy projects and created an estimated 72,000 jobs in the wind and solar industries,’’ said Pat Eilers, managing director of the Chicago-based investment firm Madison Dearborn Partners.
Kerry acted after the Senate failed to take up legislation to place a price on carbon emissions. Kerry’s measure also would extend tax credits for makers of appliances that use less energy and for contractors that build more energy-efficient homes.
“Senator Kerry is hopeful that energy tax provisions will be part of any energy package that moves this year,’’ Whitney Smith, the lawmaker’s spokesman, said in an e-mail. “His bill highlights key priorities for advancing clean energy and reducing carbon emissions.’’
Senate majority leader Harry Reid, a Nevada Democrat, dropped plans this week for a vote on energy legislation that responds to BP’s Gulf of Mexico oil spill after Republicans and some Democrats called the bill too harsh on companies not involved in the disaster.Yeah, but they are going to bring it back:
"lawmakers plan to revive proposed climate-protection legislation."
Oh, now it is CLIMATE PROTECTION!
These guys and their word games!
Also see: A Stimulooting Success Story
Looks more like STIMULATING a GLOBALIST AGENDA, doesn't it?
