Don’t count on stimulus. It’s not coming
By Charles Riley
Congress will not be riding to the rescue.
Economic indicators are pointing to slower growth. More Americans arelooking for jobs, and the housing market is in a confirmed double dip.
In another time and place, lawmakers might have responded with economic stimulus measures to get the country back on track.
This time around, it’s not in the cards.
Having spent the majority of the current legislative session operating at a truly glacial pace, Congress is sitting on the sidelines, waiting to see how the debate over the debt ceiling pans out.