Stimulus-ho!
March 10th, 2009 at 10:17 pm - by admin
Slow news day. The political world seems frozen with discussion of economic problems and issues with regard to stability policy, while the stock market sees significant green lights today of large scale growth signaling to investors that — for today — everything is okay.
Stephen Harper of the Canadian Conservative government made a statement during his speech in Brampton reassuring the Liberal-minded Canadians that Ignatieff’s requirement of progress reports that $20 billion in stimulus would be spent within the month.
Bernanke also spoke positive news today — albeit, news that it seems many question these days, saying that the economy could recover within months if the proper financial system repairs were completed.
Obama also released an order for education reform which reallocates resources to building a fully functional education system — from “cradle” to “career.” Such a reform is arguably a way to improve access to education for all classes and groups within the society, though may hinder the development and innovation which may have otherwise occurred in “private industry” education.


