The U.S. government early this year signed into law a $787 billion stimulus package of spending in infrastructure, school investments and tax cuts in order to help country’s economy and try to stop the worst recession since the Great Depression of the 1930s. The target of this package is to create jobs and boost consumption. But so far many people remain afraid that this stimulus package is not only too little to help but also is missing the target. Moreover, President Obama announces measures in order to encourage people save more for a secure retirement. Could this measure hurt the recovery? For more information please also check the article from CNN.
