Another New Deal is a Bad Deal

Despite a projected $1 trillion deficit next year, President-elect Barack Obama has requested that Congress send him a $1 trillion stimulus bill by Jan. 20, so that he can immediately launch the New Deal II, putting people to work building infrastructure, roads, bridges, schools, transportation systems, green technologies, etc. In this, he seems to betray [...]

By | 2017-02-28T07:31:18-08:00 December 19th, 2008|San Francisco Chronicle, US Financial Policies|Comments Off on Another New Deal is a Bad Deal
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