PayPal co-founder Peter Thiel, for example, has argued since the most recent stock collapse that only dramatic new breakthroughs in energy and food production technologies will save the economy from an extended period of Malthusian zero-sum behavior.
In a little-known provision of the Act, Congress extended the effective tax rate of zero percent on the sale of qualified small business stock (Section 1202 stock).
Vincentric looks at the cost of zero-deductible, bumper-to-bumper extended-warranty claims to calculate the average cost owners can expect to pay for repairs.
The Bernanke Fed also extended the forward guidance for the federal funds rate to remain in the zero-bound to mid-2015, while announcing that Operation Twist would remain active at least through the end of the year.