Turnaround

Stimulus' Double Punch

If President Obama gets the stimulus he wants, the American economy may feel a boost in two "successive waves," according to Bloomberg. First, "relief to cash-strapped consumers, businesses and states," followed by infrastructure spending designed to create jobs. Economists expect the stimulus to impact consumer behavior and retail sales as early as this summer. "The hope is, with the stimulus, that we actually stop losing jobs by the end of this year," one researcher said. The House votes today on the 10-year, $787 billion plan.