Tag: economic stimulus

America in the Last Lane

As any competitive or recreational swimmer knows, the swimming pool has a strict hierarchy of performance and expectation. At one end of the pool are the fast lanes and at the other end are the slow lanes. In the fast lanes are found the competitive tri-athletes, the varsity collegiate swimmers and the Olympic wannabees. For

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Belief in Debt Relief?

Should forgiving student loan debt be the next federal bailout to stimulate our nation’s struggling economy?  Robert Applebaum, a New York lawyer and organizer of the aptly-named Facebook movement, “Cancel Student Loan Debt to Stimulate the Economy,” thinks so.  While the title isn’t catchy, the words “cancel” and “debt” used in the same sentence is

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High-Speed Rail: Now or Later

In the American Recovery and Reinvestment Act (ARRA), $8 billion has been set aside for the development of a high-speed rail (HSR) network.  And, additional money is on its way in the form of a provision by Congress providing $2.5 billion for fiscal year 2010 and a request by the President for another $1 billion

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The Housing Market Will Stand on its Own

The U.S. government is moving to cease its deep intervention in the housing markets.  The Treasury Department already has stopped buying up mortgage-related securities and the Federal Reserve will taper off its purchases gradually, ending them by March 31. Then in June, the homebuyer tax credit program ends. As with “cash for clunkers,” the federal

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