Recent Blog Posts
-
Tesla Tests Crossover Market With Model X
Feb 10 20123:50 pm EDT -
Groupon Keeps 'Em Guessing
Feb 09 20128:27 am EDT -
When Business Takes a Same-Sex Marriage Vow
Feb 07 20127:16 pm EDT -
Klout Looks to Take Influence Local
Feb 07 20124:07 pm EDT -
Netflix Faces a Fresh Rival
Feb 06 20122:41 pm EDT -
LivingSocial Losses Shouldn’t Shock
Feb 02 20123:28 pm EDT -
Big Primping at Gilt City
Feb 02 201211:42 am EDT -
How About a Raise?
Jan 31 201211:09 am EDT -
Show Us Your (Wild, Bold, Extreme) Cards
Jan 30 20122:54 pm EDT -
Is Groupon a Daily Deal Bully?
Jan 30 201211:51 am EDT
Are We Stimulated Yet? November Edition
When it's not looking for ways to shovel billions of dollars into the gaping hole that used to be Wall Street, the federal government is still handing out cash to ordinary taxpayers to stimulate the economy.
Remember the stimulus checks? President Bush arranged for them back in the spring to stave off an economic recession not unlike the one we're in the middle of right now.
The Treasury Department is still cutting checks. In October, it said it mailed out more than 1.4 million of them worth a total of $976.5 million.
That brought the total number of checks to just over 117 million since the program began in April. All together, they have put more than $95 billion into the hands of taxpayers, with more to come through the end of the year.
Meanwhile, the national debt has exceeded $10.5 trillion.
by Mark Stein
Comments
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.
500 Startups Hits New York