Jennie M. Xue

Survive downturn with chutzpah

by Jennie S. Bev

On Thursday morning, House Speaker Nancy Pelosi confirmed that a financial stimulus package of tax rebates and child credits has been agreed upon between the White House and congressional leaders. This is great news for middle-class Americans. It is timely, targeted and temporary. Above all, Pelosi said this package unites the country in a strong bipartisan way.

It sounds excellent, but what would it really mean to an average American, other than getting $600 per person or $1,200 per couple and $300 per child in tax rebates? On the macro level, it would assist in moving money along, because such “windfall” money is usually spent immediately.

This would help boost the U.S. economy. But if we spend it, what good would it be for us, the taxpayers, in the long run?

Don’t let next president run amok

by Jennie S. Bev

Mike Huckabee. Mitt Romney. Hillary Clinton. Barack Obama. These four presidential candidates’ names have been spotlighted here and there, near and far, online, on TV and in print. These names have been echoing in our minds, but apparently the national campaign is not going to subside anytime soon. If the presidential campaign were a high school popularity contest, these four would have already won it. Or at least, they would be the finalists.

By the same token, Americans are so fed up with President Bush and his Bushism. His casualties can found everywhere. Political casualties. Legal casualties. Economic casualties. All kinds of casualties. You name it.