Paul Krugman has some advice for Barack Obama: Whatever the new administration does, we’re in for months, perhaps even a year, of economic hell. After that, things should get better, as President Obama’s stimulus plan — O.K., I’m told that the politically correct term is now “economic recovery plan” — begins to gain traction. Late […]
Apparently when Bush had the national debt limit raised to $9 trillion recently, that wasn’t enough: A $2.7 trillion budget plan pending before the House would raise the federal debt ceiling to nearly $10 trillion, less than two months after Congress last raised the federal government’s borrowing limit. The provision — buried on page 121 […]
The New York Times has an interesting article today pointing out other disaster prone areas this country has. It seems that Katrina has awaken most of the country to look into their deteriorating infrastructures and high risk areas and are now more worried than they were this past summer. Some of those possible disasters waiting […]