World-News

Michael Ettlinger and David Madland, The Center for American Progress: "With 605,000 jobs lost so far this year and an unemployment rate topping 6 percent, the U.S. economy-and especially its labor market-needs another shot in the arm. The economic stimulus package passed in February gave the economy a helpful prod and staved off an economic contraction over the summer. The Treasury Department and Federal Reserve are intervening in financial markets on a massive scale to hold off a complete collapse wrought by their own and other agencies' incompetent supervision of Wall Street business practices. But other stimulus measures are needed as well."

http://www.truthout.org/article/second-stimulus-needed-create-jobs-and-revive-our-economy



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