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Do anybody receive a stimulus package from Obama?

First, a stimulus package is not a gift, like you would receive in the mail. It refers to financial assistance given by a president and a congress to help ("stimulate") the economy in a difficult time. Many presidents have done this. President Obama's stimulus package resulted in saving thousands of American jobs. And although some people believe it should have been bigger (and his political opponents claim it did not help at all), most economic experts from both parties agree that it did help to turn the economy around. I enclose a link that debunks the claim that the stimulus did not help anyone.


Why is stimulus plan called stimulus?

The stimulus plan is called stimulus because it is introduced to fix the economy from going down hill. The main purpose is to create more jobs and prevent different sectors from collapsing or filing for bankruptcy. Stimulus plan aims to help people and hence country out of recession.


What is stimulas package in budget?

A stimulus package is a set of economic measures implemented by a government to boost economic activity during a downturn or recession. It typically includes a combination of tax cuts, increased government spending, and direct financial support to individuals and businesses. The goal is to enhance consumer spending, create jobs, and stimulate economic growth. Stimulus packages are often introduced in response to crises, such as financial recessions or significant economic disruptions.


What does a stimulus package mean in the US?

The term of stimulus package is often used in the US to describe a series of laws and regulations designed to create accelerate economic growth. Growth includes higher levels of industrial production and a lower rate of unemployment. There are various ways to stimulate growth in the US economy. Generally speaking, the US president will propose a stimulus package that reduces taxes both on business and on ordinary citizens. In order to add to the growth of US energy resources, the package may, for a period of time, reduce various regulations that allow for stronger economic expansion in oil drilling, coal production, and fracking for natural gas. The "package" will have a time limit and adjustments may be made if not enough growth is produced or unemployment is not lowered. The package is also designed to produce an increase in jobs. Stimulus packages come in many forms. The ones just described are common ones.


What is the works progress administration program?

It was a federally funded jobs stimulus package during the Great Depression of the 1030s that provided work for thousands of unemployed Americans at a time when one-third of the US work force lacked jobs.


What are modeling portfolios And how do I make them?

A modeling portfolio is a package of pictures and references from jobs that you have had in the past. The best way to create a modeling portfolio is to have a professional photographer create one for you.


What Act of 2009 was designed to create jobs and cut taxes through deficit spending?

The Act of 2009 that was designed to create jobs and cut taxes through deficit spending is the American Recovery and Reinvestment Act of 2009. The controversy over this act caused the American Jobs Act to be labeled as a son of stimulus.


What effect will the economic stimulus package have on President Obamas political career?

He is in a no-lose situation... If it fails it will be the fault of the previous administration. If it succeeds he will take credit. He has already taken credit for a million jobs that were not lost?


What are apparel production jobs?

Apparel production jobs are jobs in the clothes genre. It is a apparel production for those who produce, create and help create clothes. The clothes is made and sold. There are different kinds of jobs.


How did purchasing new cars help create more jobs?

People build cars and that means jobs.


What is Obama going to do about economy and jobs?

Obama is proposing a 477 billion stimulus bill to create new jobs,through public investments.Also Obama has called fro raising income taxes on the top 2 percent of earners.


How did railways help to create more jobs?

they helped create more jobs as they needed people to work on the trains and fix the railways.