Word: boosting
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...House Democrats unveiled the details of their planned $825 billion stimulus package on Thursday, renewable energy advocates were watching closely. On the campaign trail, President-elect Barack Obama had promised to boost spending on alternative power and energy efficiency, not only to combat climate change but also to promote "green jobs" - like solar panel manufacture and weatherizing of buildings. With spiking unemployment, green jobs would have to be the solution for saving the Earth - and the economy...
...Even that's not enough to excite investors. On the first trading day of 2009, buyers lifted the Nikkei to above the 9000 level for the first time in two months. The boost, however, was short-lived, and the Nikkei continued to drop, after losing 42% in 2008. Now hovering just above 8200, the index is about one-fifth of what it was in 1989 at the peak of Japan's stock-market bubble. (See pictures of scared traders...
Drake's Discount. Retail numbers are dismal and getting worse, so if you want to help give the economy a boost, check out the "Shop Til You Drop" promotion at Chicago's Drake Hotel: Get a $75 Bloomingdale's gift card, as well as 15% off purchases all day. Rates start at $215 per night; through March 31. 140 East Walton Place...
...Livni, warn that pursuing regime change would require the Israeli military operation to continue for months, risking diplomatic isolation and a dramatic increase in casualties. And the Israeli security establishment is justifiably skeptical of the prospects for reimposing the already enfeebled Abbas on a hostile Gaza. Rather than boost his power, the latest confrontation has further marginalized Abbas. Even his future control over the West Bank has come into question...
...also turns out that the best way to boost the economy by giving away money is to give it to people who can't afford to save it. That's why food stamps work so well as a stimulus. And that's why Obama is pushing a permanent $500-per-person credit on payroll taxes for every worker making less than $200,000 a year. But his rationale for broad-based relief goes beyond stimulus: he has repeatedly promised a fairer tax code that would make work pay for everyone, and this might be his last chance to play with...