Word: trillions
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Capitol Hill, meanwhile, hums at peak capacity. Congress is frantically stacking pet projects into a trillion-dollar tower in hopes that--by painting the word stimulus down the side--it will lift off like an economic rocket. There is no Plan B. The hero of recessions past--the American shopper--has left the mall. For the first time in its history, the National Retail Federation predicts consumers will actually spend less over the coming year. Super Spender can't save the day when stuck in the unemployment line...
...Compact Summers' immediate task is to convince skeptical Senators that shelling out nearly $1 trillion over two years isn't another exercise in traditional pork-barrel spending but a vital step needed to save jobs and invest in the future. Some Republicans call the current plan wasteful; free-spending Democrats long for more investments over years, not months. Summers argues that the stimulus bill splits the difference: not only will most of the money go to reviving the economy in the next 18 months, but much of it will also go to projects that could save money over the long...
...economy but then muscle the federal budget back toward balance. "It is absolutely essential," he says, "and the President never lets us lose sight of this for an hour, that even as you do those things, you have to also be addressing the longer-range concerns. We inherited trillion-dollar deficits, and his budgets are going to show a path back toward fiscal health...
...Trillion-Dollar Question...
...Michael Grunwald's "One. Trillion. Dollars": Obama's economic plan is a huge gamble [Jan. 26]. But suppose each of us who is to receive the $500 tax refund vows to spend it only on products manufactured in the U.S. I have looked at the labels lately and acknowledge it could be a scavenger hunt. Yet this time, my husband and I have agreed to apply our refund toward ordering furniture we know will be made in Ohio. I think it would be an interesting experiment to see if there is any bump in American productivity if every...