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Although the stimulus measures will not change that, the government does hope to alleviate some of the immediate scarcity: of the 5.9 billion baht allocated to the agriculture ministry, three-quarters will be spent on efforts to improve irrigation.
ECONOMIST: Winds of fortune on South-East Asia’s farms | The
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In addition, Federal Reserve policymakers start a two-day meeting that is expected to end without any change to its economic stimulus policies.
NPR: Oil Down As Traders Await US Data, Cyprus Vote
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The credit scored high because it did two things that TPC analysts felt were essential to economic stimulus: it raised take-home pay quickly via a change in the withholding tables (subject to some controversy) and it did so for people who would spend it.
FORBES: Big Tax Cut For Workers Set To Expire
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But under current market conditions, conventional fiscal stimulus is not really feasible -- a euro exit would not change that.
CNN: Economy: Unspoken issue in French election
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But in an ideologically divided nation like ours, a party must expend political capital to enact major change (i.e. the Democrats loss of the House after passing health care reform and stimulus spending.) Our polling shows the Tea Party is paying a price for the debt limit battle it initiated.
FORBES: Obama Looking For Love From Fearful Electorate