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Willa $500-billion-plus stimulus plan mull the economy out of recession?
<br />° It'll help, but only if i.t has the right mix of short-term and sustained. fixes.
<br />Obama is already moving to win. r_ongressional passage of a plan of that magnitude.
<br />He wants it ready for his signature immediately after he's sworn in on Jan. 20.
<br />For a quick boost, the plan will deliver tax cuts to most American workers,
<br />including a payroll tax holiday, by adjusting withholding rates in lieu of tax rebates.
<br />Loner term...hundreds of billions in infrastructure spendin„ investments
<br />in alternative energy and grants to states for rising Medicaid and social service costs..
<br />Obama also ~~ants federal assistance far distressed homeowners facing foreclosure.
<br />To win Republican support. Obama is willing to postpone tax increases
<br />on couples making over $250,000 until the Bush tax cu*s expire on Jan. 1, 2011,
<br />t~s~"rl<-"yc~i~i rZs:eitt~te 'tl~e auc. a~a 1: ~~ 1- i q~3o zn 1e.o.~l-1 a ~tii S ~ ve:rir~,
<br />~ ~;i~~r~~'t~~~e-1's t~f url~mpl7syirieiii: a~.it ~clirte~, ili ;Coss cd~~i3ae5t~c paJoc~ixc4+.
<br />Buz a,~icire.uirl~islz~:txs aticl~:~e:~ioris'wi:li-bi ai#'ee-i~i~1~-fit.
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<br />~ - ~ - - ~ ~`he c'arrenfi~~iys~nt:z~.riz will cost jdb ~ fi-em co;~st.;fig ~:it
<br />Job Losses in 1982 and 2009 1~ e'c er~y field' ffom ff_ffanclal servtcns to__FLigYI tc.phll.olp~y.
<br />o% 296 aab cab aab loop ,~~ ~ "~~3'~?'~~S.~f"i~.,~~'LUPi1'~~iL rc=%Zs~Sir~3~zil t~ "~$C.~'s,
<br />Total nonfarm V~'.hl°Yl'iZt~C.~i~T'32~'g .b07•t: t~Ie .~7~i:lilt U'1• t.l1e 'L.11`l;~?c(~f,.
<br />''"" ' `~~ Construction I - •- °- - - -i
<br />~~:.~.,~_~.~~._.. =i~~ar~~.~~hrx~zn.:~s~:~ves~.tit wtli.~azt~-t h~~l~ ~l~cl,
<br />_:?~ Manufaeturlnq e~s~iecialiy iZi Silu.oi~:~al~ey>..Bas~ian acrd R~le'.igh,'N:~.
<br />61982 1~1>a~~;~al~s~FVice vies w111 iliril:in:~'e #~1p~aaiads oT-jobS
<br />Service ~ 2009 FORECAST ]~'1~.'~.,. 1~~~021, 011arlotte, l~1 ~.`., ,~rl~~ ua~i~~~:2tn~C15Q~09.
<br />'' ~~1.g.~N~~zoise foi>1_ob #luriters: TY~.e..`lusll~~crisi~.
<br />~' Finance/banking _`(~ _7r (~ _ t~y7 „1
<br />Sources: De t. of Labor, Kiplin er ~~"°'~~w~33..t~G~s- ~n th~5 ~r~L es Si~l~ ~~C7'^ °°~.~'~" f~ ~~e' J ~h~'~i~t
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<br />t~ l~ ~Teia~'l~~sme~„mod' izyavt; ~'tc~ anl~ther p~ace'~ fo-i- ~ j4by.
<br />Among those watching as the stimulus takes shape: Airport managers.
<br />Dozens of airport proiects are at risk because of frozen credit markets.
<br />Portland, Maine, for example, is delaying plans for an airport terminal expansion,
<br />and Nashville, Tenn., has put plans for a consolidated car rental facility on hold.
<br />Bonds usually provide about 60% of financing, with the rest from the government.
<br />~~~; .l~irms :axe clou~ns'.lzi.n~ ~rapdiy lyIor~ t~,an .13fl, 000 big :rg~ .. .
<br />over 7°I'oc: have: b~eia.pull~ci o~Ethe.roaii.a_lread~y;.-anel the figure w%ll.:keep~grow.i.~g
<br />.._ ,
<br />as the,recessf~n iakea a to:>:1, lylany firmms vcrill be.fol-ced aut aT-business e~ti~rr.
<br />That will be a huge headache for shippers when the economy recovers.
<br />Demand will ramp up faster than capacity, so rates for moving freight will spike.
<br />Figure on paying about 10% more when the economic recovery is in full swing.
<br />Consider locking in a rate now. Offer to guarantee a minimum level.
<br />of business in exchange for guaranteed service and limited price hikes.
<br />One industry that's booming in the recession: Videoconferencin~.
<br />More firms are turning to "virtual" meetings to save the cost of time and travel.
<br />Workers like that better, and videoconferences let firms reduce their carbon footprints.
<br />Technology and cost run the gamut. On the low end are desktop setups
<br />that amount to little more than a digital camera and a computer. High-end products
<br />from Cisco Systems, Hewlett-Packard, Microsoft and others cost up to $300,000.
<br />A cheaper option is renting space at videoconference centers for under $500 an hour.
<br />'ai'di4~es ~ti~rt more ~crliite~v'llar crime. ~Nomral~~y lbw-abidirxg em;ploye.e~
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<br />e to-,aECess .a.fki'.ixl~'s~.privilege~l,rnfori~aat~on rn~y-he ~ wiil.ing to-ris:k jail ti~m~e
<br />... ...
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<br />ii'~h~ey're v~orried a~au#,urxemgla~mexi~t. Be ~~i fl'i'e.al~rt;~to~;:;for'>rrerl_it c~:>•ii~ fraud;
<br />~b~~ute~r h~~kers diming "#o s~eaI-irite,lYectal 'property. ar'e also a big th,re~lt.
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