We’ll take any glimmer of hope we can get that the economy is starting to recover. Stocks were up yesterday and jobless claims were down last week.
Stimulus Aid Being Doled Out, Slowly
By Alec MacGillis
Washington Post Staff Writer
Friday, April 10, 2009; Page A01
Building repairs are underway on public housing in Imboden, Ark., and Cumberland, Ill., states across the country are receiving money to weatherize the homes of low-income residents, and the Silver Star Construction Co. is about to start work on two road-resurfacing projects in south-central Oklahoma with a total cost of $12 million.
“We were thrilled to get some work,” said Steve Shawn, president of the company. “Some of the work had started slowing down from the economy. The new work came in just around the right time.”
Slowly but surely, the $787 billion American Recovery and Reinvestment Act — better known as the economic stimulus package — is beginning to percolate nationwide, six weeks after President Obama signed the legislation.