Friday, September 11, 2009

Stimulus: Big Impact on GDP, One million Jobs.WH Reports

Washington Post, September 11, 2009 on page A20:

The economic stimulus package President Obama rushed through Congress during his first days in office is rapidly pumping energy into the nation's once moribund economy and has slready created or preserved more than 1 million jobs. Christina Romer,chairman of the Council of Economic Advisers said. Let the empirical evidence be the guiding light.

Comment: Benjamin Franklin said: "He/She who has a skill has an estate." A marketable skill is sine qua non for getting jobs. I have been teaching economics and the Chinese language by virtue of my background and expertise. I have reason to believe that it is high time for readers to have skills to find a niche in any society. Humility and patience are the virtue to be mastered. We should listen to the folks around us and show respect for their views-which is the essence of the system of democracy ased on mutual tolerance that we are trying to forge. That is the gist of Confucianism that I studied in China in primary,secondary schools plus university education in the 1940s.

Secretary of State Clinton stresses cooperation with China as a leader. She is a uniter by instinct with analysis of global situations in the 21st century.

Nine-eleven is the day to start to strengthen US-China relations especially in global economics and peaceful development as the goal of United Nations since 1945 in the 20th century.

Francis Shieh a.k.a. Xie Shihao with reflections of the past and looking forward for security of humankind in the mundane world.

September 11, 2009 at 9.38 a.m.

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