Stimulus update: Direct payment worth up to $400 to be paid to Massachusetts residents in 21 days
Recipients of a food and utility subsidy program in Chelsea, Massachusetts, will receive their final payment, worth up to $400, in 21 days.
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Recipients of a food and utility subsidy program in Chelsea, Massachusetts, will receive their final payment, worth up to $400, in 21 days.
Unemployment rate from president obama has gone from 9.4 up to 9.8%. gregg: and, stuart, what was the difference in their respective approaches to solving the problem? >> reporter: the key, primary difference was that ronald reagan used private stimulus. he based his recovery on tax breaks for everybody putting more money into the hands of individuals, private sector stimulus. president obama did the exact opposite. he used public sector, government money stimulus, and there is a difference in the results of the two policies. gregg: yeah. one is fracture and the other -- temporary and the othe...