- Peter Kinder resigns federal agency post, concludes position unnecessary and waste of tax dollars (6/16/18)2
- Stormy Daniels to visit East Cape Girardeau (6/13/18)20
- Longtime downtown Cape bartender Marcellus Jones remembered by friends (6/12/18)2
- A community rallies behind Honorable Young Men's Club (6/16/18)1
- Couple charged in beating death at Brick's (6/13/18)
- Southeast to spend $150,000 to refresh brand with Ohio firm (6/19/18)5
- New urban dance studio opens on Broadway (6/15/18)2
- Jackson natives compete in 260-mile canoe race (6/16/18)1
- Feeding deer in Bollinger, Cape and Perry counties prohibited soon to help curb spread of CWD (6/13/18)7
- New Zaxby's restaurant open in Cape (6/13/18)3
Report: Stimulus boosted jobs
WASHINGTON -- The White House says the $800 billion stimulus law continues to improve economic conditions and increase employment.
President Obama's Council of Economic Advisers issued a report Thursday saying the law has created or saved 2.7 million to 3.7 million jobs through the third quarter of this year. Obama economists predicted in 2009 that the stimulus would save or create 3.5 million jobs.
Unemployment, however, is 9.6 percent. And the report comes after an election in which voters appeared to reject assertions by Obama and Democrats that they had pulled the country out of an economic quagmire.