Friday, February 13, 2009

An Article for Optimism

The article, "What the $787b stimulus would do for consumers," examines what the stimulus package will offer to consumers and how consumers as well as the economy will be affected. The economists made predictions of how effective the stimulus will be for consumers, more specifically unemployed to low-middle income citizens, based on statistics from similar, past situations. As you can tell from the author's statement, "The bankers are getting their bailouts. Now it's your turn," he believes the outlook to be desirable for both sides, the consumer and economy. Robert Gavin & Erin Ailworth. What the 787b Stimulus Would Do For Consumers. Boston.com. The Boston Globe. February 13, 2009.

I believe the content within the article WAS worth reading when it was first proposed by Bank CEO John Allison in September 2008 as a better, more effective idea than proceeding with bank bailouts. Adam Brandon. Bank CEO Explains Why Bailout is a Bad Idea. Freedomworks.org. September 24, 2008. (example Key Points (found in CEO's letter), paragraph 5)

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