Obama Adviser Says U.S. Should Mull Second Stimulus

The U.S. should consider drafting a second stimulus package focusing on infrastructure projects because the $787 billion approved in February was "a bit too small," said Laura Tyson, an adviser to President Barack Obama. The current plan "will have a positive effect, but the real economy is a sicker patient," Tyson said in a speech in Singapore today. The package will have a more pronounced impact in the third and fourth quarters, she added, stressing that she was speaking for herself and not the administration. Read full story

Pray that President Obama will humbly accept mistakes and errors, learn from them, and be cautious with the nation's finances.

Romans 13:8 "Let no debt remain outstanding, except the continuing debt to love one another, for he who loves his fellowman has fulfilled the law."


Post a Comment