Tuesday, September 7, 2010

Will Another $50 Billion Stimulus Kick-Start Our Economy?

By Dr. Gerard Lameiro

Jobs. Jobs. Jobs. It’s at the top of all the headlines this week. It’s the number one story and it’s being debated coast-to-coast. President Obama is proposing another $50 billion stimulus package for roads, runways and railways to boost our economy - in other words, to create jobs by building our transportation infrastructure. The president is also proposing a $200 billion tax credit for business in the form of a short-term research and experimentation tax credit that lasts through 2011. That’s a temporary boost to business. Will such a short-term business tax credit boost our economy? Will another $50 billion stimulus package kick-start our economy? [more...]

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