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Us Economy Plan
 

Us Economy Plan

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    Us Economy Plan Us Economy Plan Presentation Transcript

    • US economic stimulus package BBC BUSINESS ENGLISH February 08 Letizia Cinganotto
      • What is the stimulus package worth $150 bn aimed at?
      • helping ordinary Americans deal with the economic downturn.
    • TRUE OR FALSE?
      • The Congress easily approved it.
      • F
    • What does the plan include?
      • one-off rebates of up to $600 for individuals and $1,200 for couples plus $300 for each child.
      • rebates for low income retirees and military veterans
    • What’s the meaning of rebate?
      • Money given back?
      • Prices reduced?
      • Discussion?
      • Money given back
      • Explain the expressions
      • “ low income retirees ” and
      • “ military veterans ”
    • Did President Bush welcome the plan? Why?
      • Yes, because it would help stimulate consumer spending and accelerate needed business investment.
    • Why are some politicians worried?
      • about the damage the plan will do to government finances - potentially doubling last year's budget deficit