STIMULUS PACKAGE DETAILS

Simple details about the most complicated economic times

in American history

 

 

Jennifer Croft

Jennifer Croft, Croft Communications, Inc., is a small business consultant who lives in Colorado.

 

She started her own business when she was twenty-one, and over the past 25 years, she’s successfully run five small businesses.

 

She became interested in the notion of economic stimulus packages in the summer of 2008 when news reports predicted the demise of one or more of the Big 3 Automakers (Chrysler, General Motors, and Ford) and a potential government bailout.

 

Since then, $47 billion in low-interest loans have been given by the Bush Administration and Obama Administration to the car companies.

 

But that was only the beginning of the story.

 

Another 3,500 sets of a billion dollars ($3.5 trillion) have since been distributed in various other economic stimulus packages, with only vague details provided about many of them and no end in sight to a financial crisis that now spans the globe.