Sunday, Jan. 25, 2009
Global Stimulus
Sometime in the next few weeks, Congress is likely to approve a stimulus plan for the U.S. economy that could total $825 billion over two years. That's about 3% of gross domestic product a year — on top of a 2009 budget deficit already expected to top $1 trillion. Will it work? Maybe. But the odds are much better if other countries around the world do more to goose their economies as well. Here's a roundup from some of the world's major economies.
See pictures of Barack Obama's Inauguration.
See how people around the world are making money off of Barack Obama.