US monthly unemployment January 2008 to 2009. The recession-scarred US economy lost 598,000 jobs in January, pushing the unemployment rate to a 16-year high, data showed Friday, raising pressure on lawmakers debating a huge stimulus plan.
Sometime this year, taxpayers will receive an Economic Stimulus Payment. This is a very exciting new program explained using the Q and A format:
Q. What is an Economic Stimulus Payment?
A. It is money that the federal government will send to taxpayers.
Q. Where will the government get this money?
A. From taxpayers.
Q. So the government is giving me back my own money?
A. No, they are borrowing it from China. Your children are expected to repay the Chinese.
Q. What is the purpose of this payment?
A. The plan is that you will use the money to purchase a high-definition TV set, thus stimulating the economy.
Q. But isn’t that stimulating the economy of China?
A. No more questions
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