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Recent Posts Tagged With 'economic stimulus'
Extended Home Buyer Tax Credit May Not Be Good For Existing Buyers
You may have heard that that First Time Home Buyer Tax Credit was extended until April 30th, 2010. In that extension a new group of home buyers were included – Existing Home Buyers! The credit is a maximum of $6,500. For existing home buyer...
Car Allowance Rebate System - Cash For Clunkers
In late June President Obama signed into law the the Car Allowance Rebate System or as it’s also known: Cash for Clunkers. This is a program that encourages people to trade in their cars for more efficient models. It also helps to stimulate t...
How The American Recovery And Reinvesment Act Of 2009 Can Help You
Last week President Obama signed into law the American Recovery And Reinvestment Bill, otherwise known as the 2009 Economic Stimulus. A big question in the minds of the average American is How can it help me?!? Here are some ways the American Recove...
Why Economic Stimulus Handouts Are Bad - It Kills Innovation
The economic stimulus has been a hot topic in the news in recent months. Banks and investment firms are getting bailed out. Auto makers are getting bailed out. Even the adult entertainment industry is asking for money. But there’s a big...
US Savings Rate Finally Turning Upward
It looks like families in the US are finally starting to save again. According to the Wall Street Journal household debt decreased for the first time since 1952! This in turn resulted in a rise in the savings rate. In the past few years the savin...
Second Economic Stimulus Package Gains Momentum
Talks of a second economic stimulus package gained steam as Fed Chairman Ben Bernanke voiced approval of a new package. From his remarks to the US Representatives Committee on the Budget(via the Wall Street Journal): I understand that the Congress ...
New Economic Stimulus Package - The $700 Billion Bailout
Remember all the talks earlier in the year about a second economic stimulus package? At the time I thought it was all just political talking, what with an election coming up. Nope. Here it is but this time it’s in the form of a $700 billion...
