The recovery plan: shock & awe for a shaken nation

[babylonsister]

The recovery plan: shock & awe for a shaken nation

By NANCY BENAC and CALVIN WOODWARD
Associated Press Writers


WASHINGTON (AP) -- America is bringing shock and awe to the home front, using dollars instead of bombs.

It's the military doctrine of lightning force - fast and brute, or as brute as the shaken country can manage - applied to the campaign for economic recovery.

With a record-busting stimulus plan, the U.S. is marshaling resources against economic catastrophe in ways not seen since Franklin Roosevelt put the New Deal in motion.

President Barack Obama is going with the best deal he could get. The stimulus bill is a landmark legislative achievement for a new president who inherited economic spoilage along with the spoils of power. Now the nation anxiously waits to see if it works.

Undermining federal balance sheets that were already deeply in the red, Obama and Congress settled on a nearly $800 billion plan that aims to spend more on the crisis at hand than the government has spent waging the Iraq war for six years.

The idea: fast cash, and lots of it, but with a strategic view to the future.

more...

http://hosted.ap.org/dynamic/stories/S/STIMULUS_STAKES?SITE=CONGRA&SECTION=HOME&TEMPLATE=DEFAULT

[Clear Blue Sky]

1. I'd like to know if any members of congress have actually read the bill.

Big leap of faith to believe everything in there is useful and helpful to the economy.

[Rebellious Republican]

2. Well if this is any indicator......

My step son is a realtor here in Florida, he has gone months without any sales, zero income. Just this last week he made four sales, count them, in one week after months of zero sales he closed on four sales. I think it might just work, I am hopeful.

:bounce:

[babylonsister]

3. That's great news! I have a good friend in FL who got her

real estate license right before the bottom dropped out; she hasn't made a cent. There's hope!

[Rebellious Republican]

5. Tell her to take heart....

Change is on the way, very soon I believe! Hell if Florida can go blue in a presidential election, anything is possible. :think:

:toast:

[closeupready]

4. That's terrific.

:) That also makes me hopeful.

[Rebellious Republican]

6. Yes it is, we needed some good news down here, we have been

hard hit in Florida. With no help from our state GOP majority, I hope that to will change in the coming local and state elections. :fistbump: