Bush stimulus plan unlikely to boost growth or jobs
An analysis for The Washington Post argues that eliminating taxes on dividends would do little to lift growth or cut unemployment. Economists Allen Sinai and Andrew Brimmer say even a broader package of about 500 billion over five years would raise GDP by roughly 0.5 percentage point and trim joblessness by 0.1 to 0.2 points this year and next. They warn deficits could rise, while Treasury officials defend pro growth aims.
MENTIONED IN THIS ARTICLE
Washington
Bush
Allen Sinai
Decision Economics
Andrew Brimmer
Federal Reserve Board
Sinai
American Economics Association
Brimmer
Treasury
John Taylor
Taylor
Federal Reserve
Iraq
Bikes Boom in Venezuela Amid General Strike
In Caracas holiday shopping shifts to bicycles as a general strike against President Chavez reduces car use. Bike shops report 300 to 400 percent sales increases, with many middle-class buyers taking up cycling for transport and protest. Car sales drop 33 percent versus year earlier.
MENTIONED IN THIS ARTICLE
Caracas
Venezuela
Hugo Chavez
Frank Gonzalez
Las Mercedes
Gonzalez
Mauricio Racchini
Javier Rodriguez
GM to offer more hybrids across GM lineup
GM plans a four year rollout of hybrid options across its trucks cars and SUVs starting with the GMC Sierra and Chevrolet Silverado for commercial fleets later this year. Hybrid versions will boost fuel economy by about 10 to 12 percent with retail availability for the trucks in 2004 and potential production of a million plus hybrids annually by 2007 depending on demand.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
United States
Honda Motor Co
Toyota Motor Corn
Rick Wagoner
Ford Motor Co
Daimler- Chrysler AG
Chrysler Group
Suit blames Ford Bridgestone for death in Alabama crash
In Montgomery, Bridgestone Firestone and Ford Motor Co face trial over a 2000 Interstate 85 crash that killed civil rights leader Earl Shinhoster and seriously injured Samimah Aziz. The security motorcade collision, which also involved Nigeria’s Jewel Howard Taylor, centers on a Firestone tire defect and suspected Explorer rollover. Jury selection was to begin in Macon County Circuit Court as experts note multiple related suits.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
Bridgestone-Firestone
Ford Motor Co
Earl Shinhoster
Shinhoster
NAACP
Atlanta
Samimah Aziz
Interstate
Aziz
Shinhester
Nigeria
Jewel Howard Taylor
Ruby Shinhoster
Jesse Jackson
Bridgestone Firestone
Ford
Macon County
Firestone
Labor Department: A third of workers have flexible schedules
The article notes 29 million full time workers, about 29 percent, have flexible start or end times while working 40 hours weekly. It cites DuPont's policy allowing starts 5:39 to 9 a.m. with advance notice and discusses broader trends, demographics, and legislative efforts regarding compensatory time and overtime rules.
MENTIONED IN THIS ARTICLE
Labor Department
Washington
Scott Carver
DuPont
Detroit
Troy
Mich
Carver
Jaime
DaimlerChrysler
U.S. Chamber of Commerce
Congress
House
Senate
Judd Gregg
R-N.h
Senate Health, Education, Labor and Pensions Committee
Bill Kilberg
Chamber
Labor Relations Committee
Victoria Lipnic
The
Employment Standards Administration
Christine Owens
Aflcio
Also Mentioned on This Page
Washington Post
Ionable
Patricia Rago
Cyclists For Freedom
Venezuelan Automobile Industry Chamber
Bridgestone
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