21 October 2008

Rico will take one, and gladly, thank you

The Washington Post has an article by Neil Irwin, Lori Montgomery, & Dan Eggen about Ben Bernanke's suggestion for a new 'stimulus package' (meaning a check in the mail):
An effort to boost the economy with a massive injection of public funds gained momentum yesterday, as Federal Reserve Chairman Ben Bernanke tentatively endorsed the idea of a new stimulus package and the Bush administration softened its opposition...
Although House Democrats are contemplating another general tax rebate, similar to the one approved in February, the idea has not generated much enthusiasm. "People need jobs more than they need checks," said Jared Bernstein, an economist at the Economic Policy Institute who is advising House Democrats.
Rico says he wants a check a hell of a lot more than he wants a job...

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