Tuesday, February 17, 2009

787 Billion Stimulus

Lot of think tanks still debate whether it is the right time to approve a stimulus
Of tax payers money with out a concrete plan on how this can be utilized to overcome the current crises. The big question is what is going to drive the growth. Where will the banks invest in next when the general sentiments itself is very negative.

My feel considering Obama’s presidential priority is that the funds might be used in funding green projects.

Although the following article in LA Times contradict it.
http://www.latimes.com/news/nationworld/nation/la-na-obama-energy-stimulus16-2009jan16,0,922149.story

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