Create Your Own Economic Stimulus Plan
As our editors closed this issue, President Barack Obama was in the process of making good on a number of his campaign promises. In whirlwind fashion, he unveiled planks of his audacious economic program. He signed the American Recovery and Reinvestment Act, the $787 billion economic stimulus package. The administration also revealed its $2.5 trillion plan to resuscitate the wheezing banking system and, at the same time, make credit available to both individuals and business owners. Then he turned his attention to the other economic wrecking ball: housing.