Word: deale
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...continue to deteriorate over an extended period of time, more loans will go into default and the value of the mortgage securities will decline further. This could cause problems for entities that overpay. "If you buy a mortgage at 60 cents on the dollar, it's only a good deal if the underlying values come back," says Ressa...
...recession is over, as some economists say, why are so many people still unemployed? The so-called jobless recovery is raising an intriguing question: Should America resurrect something like the Works Progress Administration (WPA) - the New Deal job-creation program that put millions of unemployed Americans to work building schools, roads, parks, libraries and other needed infrastructure projects during the Great Depression...
...stirred Governor Phil Bredesen to get creative. As first reported in the New York Times, the result is a "novel use of stimulus money." In remote, tiny Perry County, where the unemployment rate had soared to 27% with the closure of an auto-parts factory, Bredesen decided a New Deal-style WPA program was the order of the day. Some of the jobs are with the state parks and transportation department, but two-thirds of them are new jobs in private sector businesses - including a pie company, a hotel and a factory that needs painting and repair - which are reimbursed...
...jobs created by the pilot program. "I wanted to do more than show concern. These are people with real obligations and, while I support clean energy [the thrust of much of the stimulus], people have to make car payments next month. I'd love to have a great deal more stimulus money to do this type of thing in other counties, but there is not a lot of money available. If there is another stimulus package, real consideration should be given to direct employment, in WPA fashion, in the public and private sector...
...largest New Deal program, employing 8.5 million people and spending $11 billion on public projects nationwide - was a real jobs program. More than 80% of its budget was dedicated to labor. In a speech at LSU in 1936, the WPA's legendary head, Harry Hopkins, gave a cogent synopsis of his agency's deep effect on the nation. "You can start out from Baton Rouge in any direction and pass through town after town which has water facilities or sewer facilities or roads or streets or sidewalks or better public buildings, which it would not have...