Recovery and Reinvestment Plan

I don’t need to remind you that when President-elect Barack Obama takes office, he will face what may well be the bleakest economic outlook since World War II. Over the past couple of years, we have stood by and watched as personal income has slowed to a crawl and then felt helpless and stressed these last few months because the economic forecasts have spiraled downward with ungainly speed.  Today, many experts believe that unemployment could reach 10 percent by the end of next year and our economy could fall $1 trillion short of its full capacity.   This translates into more than $12,000 in lost income for a family of four. This is on top of the money we have already lost in our investments and the value of our homes. But, this country will soon swear in a new president with a new plan providing us with a new hope. Read more »