ANNIVERSARY: The Stimulus Package Turns One


[Source: Bureau of Labor Statistics]

POTUS: Millions of jobs had already been lost to the recession before I was sworn into office. Another 800,000 would be lost in the month of January. We’d later learn that our economy had shrunk by an astounding 6.4 percent in the first quarter of 2009, and economists from across the political spectrum warned that if dramatic action was not taken to break the back of the recession, the United States could spiral into another depression. MORE

RELATED: Philadelphia and Camden will be sharing $23 million from a federal government to extend, connect and create bicycle and pedestrian paths in both areas. This means jobs and green mobility in Philadelphia, said Andrew Stober, director of strategic initiatives for the mayor’s office of transportation. “It will mean jobs for the city,” Stober told “Engineering jobs, design jobs, construction jobs.” Philadelphia will be getting $17.2 million of the grant, while the remaining $5.8 million is going to the Cooper’s Ferry Development Association in Camden, Stober said. The network of paths will connect the two cities, as well as many areas in the Eastern Pennsylvania and South Jersey region. MORE

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