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Tag: stimulus

Will the Obama-GOP Tax Deal Really Create 3.1 Million Jobs?

by on Dec.08, 2010, under Towing

The tax cut compromise between Obama and the GOP is now being touted as a back-door stimulus plan, one that some economists predict will create or save 3.1 million jobs. Unfortunately, the model on which those forecasts are based makes some flawed assumptions.

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Will the Obama-GOP Tax Deal Really Create 3.1 Million Jobs? originally appeared on DailyFinance on Wed, 08 Dec 2010 12:09:00.

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General Motors IPO Nets $11.7 Billion for the U.S. Treasury

by on Nov.23, 2010, under Towing

General Motors IPO Nets $11.7 Billion for the U.S. Treasury

The initial public offering of General Motors last week netted $11.7 billion for the U.S. Treasury, which invested taxpayer money into keeping the then-struggling automaker solvent during the financial crisis as part of its Troubled Asset Relief Program.

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General Motors IPO Nets $11.7 Billion for the U.S. Treasury originally appeared on DailyFinance on Tue, 23 Nov 2010 16:23:00.

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QE2, Day One: Fed Buys $7.3 Billion in Treasuries

by on Nov.12, 2010, under Towing

The Federal Reserve bought $7.3 billion worth of U.S. Treasuries Friday as it started a second round of quantitative easing meant to stimulate the nation’s economy, media reports indicate. The QE2 plan, designed to boost job creation and prevent deflation, has been highly criticized.

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QE2, Day One: Fed Buys $7.3 Billion in Treasuries originally appeared on DailyFinance on Fri, 12 Nov 2010 13:00:00.

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Daily Blogwatch: Is Google a Monopoly?

by on Nov.10, 2010, under Towing

Some of the best reads for investors from around the Web, including posts evaluating how consumers spend their money, whether Google could be considered a monopoly and the debate about the Fed’s policy on quantitative easing.

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Daily Blogwatch: Is Google a Monopoly? originally appeared on DailyFinance on Wed, 10 Nov 2010 08:30:00.

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Fed Official: Government Bond Buying Could Cause Inflation

by on Nov.08, 2010, under Towing

After initially voting for the QE2 plan, Federal Reserve Governor Kevin Warsh said in a speech Monday that the government’s decision to buy $600 million worth of bonds to spur the economy is a bad idea.

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Fed Official: Government Bond Buying Could Cause Inflation originally appeared on DailyFinance on Mon, 08 Nov 2010 20:30:00.

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