By Amir Ali Said
Federal Reserve Chairman (Fed Chairman), Ben Bernanke, testified today that Congress should consider another stimulus plan to help boost the economy. Last time I checked, wasn't there a stimulus package that was suppose to boost the economy? Yes there was. And did that really work? No it didn't. Well, the last stimulus package helped a little bit, but only for a limited amount of time. Look at Oil, its at about $75. Apple, a stock that soared to $200 last year, is at about $100 today. In fact, most of the stocks have had sharp declines in the last couple of months. I don't think that another stimulus package should be approved. Unless of course, it helps boost the economy, and not only for a limited time, but at least for a year. The economy is struggling and our economy is effecting other countries. Which at the same time effects us even more.
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