Posted on: 30-Jan-2009
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You may have read that most economists think the Houseís bailout plan wonít work. The reason is that both consumers and companies have lost confidence in their economic future, so they are hoarding cash. If you look at the bailout plan, only 18% is easily identifiable as direct, job creating stimulus. The rest assumes that the stimulus will trickle in through spending, tax cuts, or tax credits Ė all indirect. In essence 82% is pork barrel, which is a huge governmental friction coefficient.
weQuest's are written by G Dan Hutcheson, his career spans more than thirty years, in which he became a well-known as a visionary for helping companies make businesses out of technology. This includes hundreds of successful programs involving product development, positioning, and launch in Semiconductor, Technology, Medicine, Energy, Business, High Tech, Enviorntment, Electronics, healthcare and Business devisions.
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