Stimulus Package- Efficient and Effective Ways/Professor chicagoalmose

World famous Economist , professor chicagoalmose , discusses the best ways to spend the stimulus package money.

Category:

Education

Tags:

• government bailout
• stimulus package

[chicagoalmose]

thanks camp! The bailout refers to the saving of the economy, which is in trouble, by spending money and creating jobs. The banks are also in trouble and USA plans to give them money to save the banking industry. It is a complicated issue but I hope this helps.

[campuzanoc]

Hi Alan.. i've been watching CNN since i'm here again in my native country and i heard the word Bailout constantly so i looked it up but the meaning i found it doesn't relate with the economy issue. So i heard the same word in ur video and i would like u explain it to me. thanks. By the way, this kind of videos are great and very hepful to keep my listening skills in a high level.