A billion dollar a day makes recession go away
CNN recently had a very interesting regarding the stimulus package that President Obama signed in order to help the distressed country.
According to the article, the federal government already allocated as much as $75 billion for the different projects covered by the stimulus package.
As of the moment, almost $15 billion has already been spent for the health expenses particularly with the Medicaid related operating costs.
From the analysis of the CNNMoney.com, in can be really quite difficult to spend billions of dollars and spend it immediately for the good of the economy. Many experts understand the pacing of how the stimulus money is spent. However, not everyone share the same views whether the effort would truly help the economy on its way to recovery.
In order to spend the stimulus money, a billion dollar a day for the different sectors can be spent or at least allocated. Hopefully after a few years United States will be back on its feet and can be considered as one of the most powerful countries again.