It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by Nicademus
Fear not Americans, the next phase of stimulus spending will kick in soon and save or create 3,000,000 jobs, +- 10,000,000 depending on whether or not health care reform passes.
Please elaborate on this? This is the first i have heard of this. Or are you being sarcastic?
[edit on 2-10-2009 by Nicademus]
Originally posted by jam321
I'm trying to be optimistic. What other signs do you think we should take into account to show that we are recovering?
General Motors said today it would shut down Saturn after respected Detroit businessman Roger Penske shocked GM and 350 Saturn dealers by saying that his plans to buy the storied brand had fallen apart.
The announcement came a day before GM and its dealers expected the deal to be finalized. The failure could cost as many as 13,000 jobs at dealerships nationwide and GM.
At this time last year, sales tax revenues had fallen $378,918 short of the city's projection, according to projections compiled by the city comptroller's office. The city fell short of its $15.8 million sales tax budget last year by about $1.3 million. "If in October, in about two weeks, we find out that sales tax is down, we'll be looking at cuts. That's where we're heading," Mrs. Corriveau told the council Monday night.
Originally posted by ThinkOutsideTheBuns
reply to post by HunkaHunka
Hmm… Those with viable, credible input I implore you to correct and enlighten me, but in my research and observations I don’t really see how the econ can recover. As posted here by others if one understands the federal reserve and how banks create money out of thin air, it seems pretty obvious the limit has reached the end and there is no more credit line.