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There are several inescapable realities of our ever-worsening economy that all point to the conclusion that the federal government must take on the role of an employer of last resort. 1. In addition to the already unemployed, the rest of us are also basing our purchasing and investing decisions on a real possibility of losing our own sole source of income. Jobs are the missing ingredient that the private sector can no longer reliably provide if left to its own resources. 2. The nation can also ill afford the luxury of increasing millions of laid-off workers collecting unemployment compensation, while sitting idle and contributing nothing to the economy. 3. The prospect of deficit spending without foreseeable end carries with it far too much negative baggage to ever provide the sorely needed catalyst for a renewal positive mindset. ...more
February 24, 2009
Highlights of the $787 billion bill signed into law Tuesday by President Barack Obama. Additional debt costs would add about $330 billion over 10 years. Many provisions expire in two years. ...more
February 17, 2009
A comparison of the $827 billion economic recovery plan drafted by Senate Democrats and moderate Republicans with an $820 billion version passed by the House. Additional debt costs would add about $350 billion or more over 10 years. Many provisions expire in two years. ...more
February 7, 2009
Highlights of the $819 billion economic recovery plan drafted by House Democrats and President Barack Obama's economic team. Additional debt costs would add $347 billion over 10 years. Many provisions expire in two years. ...more
January 28, 2009
Mr. Maestro's letter printed by Hernando Today on Jan. 9shared some of myhopes for financial relief for homeowners, many of which are only dreams. The third paragraph in particular touched on a topic I have personally felt unfair, sighting that paying school taxes is unfair to those of us who have had no school age children. This would put the responsibility for parents to pay what some would call "user fees." Those lavish cloths and electronic toys would be better spent on their education. ...more
January 11, 2008
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