Boehner

Politics by JT2016

Stimulus: How to Know If It’s Working

February 11, 2009 BUSINESS WEEK Consumer confidence and job creation may be slow to emerge and hard to measure, but boosts in umemployment benefits and food stamps will be fast acting By Moira Herbst At his first prime-time press conference, President Obama was asked a central question about the $800 billion-plus economic stimulus package: How […]

GOP by JT20162016

The Fake “Congressional Budget Office Report” Now Fully Assimilated Into Boner Village

Such a Boehner Of course it doesn’t matter that the report simply didn’t say what George Stephanopoulos, David Brooks and the rest of the Villagers Said it did. The figure they cited wasn’t just out of context and just plain old misleading- it was wrong. In fact, as the initial AP report noted, the CBO […]

Wall Street by JT2016

Fed Pumps Further $630 Billion Into Financial System

Sept. 29 (Bloomberg) — The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression. The Fed increased its existing currency swaps with foreign central banks by $330 billion to $620 billion to make more dollars available worldwide. […]