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You Do Not Have to Be Afraid of a Recession
Many people are apprehensive what will happen in a recession. Rumors are thick that soon many companies will close down and people will be out of jobs. This may be partially true of companies like investment houses that are just doing paper work covering business activities that are not in actual production of economic goods. In other words, their services are temporarily not used as the volume of business activity slows down. But for businesses engaged in the actual production of goods that provide the basic needs of people, their closing down may not just happen easily, as people will still need the products they produce, like food items.
Barack Obama’s Economic Stimulus Package – What it Means For You – Part 1Barack Obama’s $787 billion stimulus package was passed late in the night Friday 13th, 2009. (Hopefully the date is not a foreshadowing of how well the stimulus will do.) Many people are wondering ‘what exactly do the payouts in the stimulus include and what do I get out of the package’. Well, here is a quick overview of some of the stimulus package and who gets what out of it.