WASHINGTON (Reuters) - Democrats in the House of Representatives huddled in the Capitol on Monday with some of their top economic advisers, just weeks before the elections, to look at ways to head off a recession that many fear is about to grip the United States.
“We need to address the fragility of markets, the stability of our economy,” House Speaker Nancy Pelosi told reporters at the start of a meeting that included former Treasury Secretary Lawrence Summers and Joseph Stiglitz, a White House adviser during Bill Clinton’s presidency.
Pelosi said they will be looking at ways to “protect taxpayers” and “create jobs.”
Among items on their agenda are a possible second economic stimulus measure that would pump around $150 billion into the economy through construction projects, aid to states and the poor and other measures.
spokesman Tony Fratto dismissed Monday’s “economic forum” headed by Pelosi, saying, “This meeting today is about campaign politics, not helping the economy. We’ll see where we are next month when Congress returns” from a recess.
sounds about right. We all know the poor are the ones most effected by this mess
^^
when you say that, it makes it clear that you have no idea what happened to cause this mess. which is weird because you’re always posting in financial threads
Food stamps and and unemployment checks, a sure way to stimulate the economy.:picard:
Seriously if they call this an economic stimulus plan I am going to puke.
Call it what it is; The “sorry we screwed you please accept this tiny bit of money” plan.
