economy – Page 225 – People's World

House passes economic recovery bill

January 30, 2009

Original source: Hoping to put the brakes on an economy spiraling downhill and out of control, the House today passed (244-188) an $825 billion economic recovery package that could create or save as many as 4...

Business as usual? Federal Reserve keeps interest rates near zero

January 29, 2009 By Joe Sims

Economic news worsened Wednesday as the House of Representatives voted on the stimulus package with the Federal Reserve Board’s Open Market Committee admitting that the “economy has weakened further. Industrial production, housing starts, and employment have...

‘Country needs our help’ — progressives urged to rally around recovery plan

January 29, 2009 By Special to People’s World

WASHINGTON — With more people filing for unemployment than at any time in the past quarter century amid the worst financial crisis since the Great Depression, the head of a key center for labor and progressive...

House set to vote on economic stimulus package

January 29, 2009 By Joe Sims

With over 75,000 layoffs announced earlier in the week, the House of Representatives is set to vote Wednesday on a $825 billion economic stimulus package, the American Recovery and Reinvestment Act, HR 1. The plan is...

Detroit rally backs Obama economic recovery program

January 16, 2009 By John Rummel

DETROIT — 2009 is beginning as those who voted for change imagined: grassroots groups are turning the hope that blossomed last November into action. In this hard-hit city, organizing is under way to change things from...