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August 31st, 2009
01:30 PM ET
August 31st, 2009
01:19 PM ET

Financial Dispatch: A second stimulus? Economists say no

Andrew Torgan
CNN Financial News Producer

An increasing number of economists agree with the government's response to the recession, saying they believe the economy is on the road to recovery, according to a new survey.

The majority of respondents, or 76%, do not believe a second stimulus package is necessary, said the report from the National Association for Business Economics.

Respondents also expressed "an impressive degree of confidence” in the Fed’s monetary policy. Seventy percent say monetary policy is about right, up from 63% in March and 56% a year ago.

But economists are more or less split on what the fed should do next.

Forty-nine percent say policymakers should leave interest rates alone over the next 6 months, and 45% say they should start raising them.

FULL POST


Filed under: Economy
August 31st, 2009
12:50 PM ET
August 31st, 2009
10:12 AM ET

Morning Buzz: H1N1 questions answered

A firefighter speeds away from a dangerous wall of flames Sunday in Acton, California.

A firefighter speeds away from a dangerous wall of flames Sunday in Acton, California.

Eliza Browning
AC360° Associate Producer

Firefighters continue to battle flames in California today. Over the weekend two firefighters were killed fighting the blaze. The fires, which started last Wednesday, now threaten some 12,000 homes and have spread to more than 42,000 acres. On Friday, California Gov. Arnold Schwarzenegger declared a state of emergency. We’ll have the latest news on the fires tonight.

Back to school takes on a new meaning this fall when students of all ages are forced to deal with an unwelcome visitor: H1N1 swine flu. At college universities around the country swine flu is out in full force. Elizabeth Cohen goes to the University of Kansas, where in more than a week, the school had close to 200 suspected cases of the flu. Cohen looks at how college health professionals are responding and how sick students are coping.

Speaking of the H1N1 virus, a new report says that two-thirds of people in the U.S. plane to get the H1N1 swine flu vaccine? Are you among this group? Where and how can people get the vaccine? Dr. Sanjay Gupta will be on tonight to answer your questions about the spread of the flu and the specifics of the vaccine and its availability. Do you have a question for him? Post it here.

FULL POST


Filed under: Eliza Browning • The Buzz
August 31st, 2009
08:51 AM ET

Dear President Obama #224: Punch the clock!

Reporter's Note: President Barack Obama is back on the job after his vacation week. Which is a bit of a stretch, because frankly even on vacation a president is never really off duty and he seemed to be plenty busy even while he was relaxing. But now it is official “back to the grind;” pushing for health care, minding the economy, wrangling support in Congress, and of course reading my daily letter to the White House.

Tom Foreman | Bio
AC360° Correspondent

Dear Mr. President,

Welcome back! I hope you are rested after your week on the shore, although I can’t imagine you are with all the events that unfolded while you were away. As you know, I tried to steer away from too much business talk for the past week, but now that you are back behind the big desk, there are two things I need to bring up: Jobs and housing.

We had encouraging news on those fronts while you were gone, but just a little. Housing sales and starts seem to be picking up a tiny bit. And the jobless rate is not getting particularly worse; might even be trending better. But the movement is so tentative and limited, that it’s kind of like we were told the ship is no longer sinking; good news, but not exactly cause to break out the cerveza and slap on the Speedos, if you get my drift.

My point is, for all of your interest in health care, green energy, immigration and whatnot, your ability to accomplish anything depends in large part on your success in calming public fears about those two sectors.

FULL POST

August 31st, 2009
07:26 AM ET
August 31st, 2009
07:24 AM ET

Do you have H1N1 Swine Flu questions?

AC360°

The H1N1 flu virus could cause up to 90,000 U.S. deaths, mainly among children and young adults, if it resurges this fall as expected, according to a report released last week by a presidential advisory panel.

The H1N1 virus, commonly known as swine flu virus, could infect between 30 percent and 50 percent of the American population during the fall and winter and lead to as many as 1.8 million U.S. hospital admissions, the President's Council of Advisors on Science and Technology reported.

The report says 30,000 to 90,000 deaths are projected as part of a "plausible scenario" involving large outbreaks at schools, inadequate antiviral supplies and the virus peaking before vaccinations have time to be effective.

Do you have questions about these numbers? Let us know! Dr. Sanjay Gupta will be on 360° to answer them tonight.


Filed under: Dr. Sanjay Gupta • H1N1
August 31st, 2009
07:15 AM ET

Kennedy a champion for disabled

Andrew J. Imparato
Special to CNN

The disability rights movement has lost a giant in our global struggle for equal opportunity, human dignity and self-determination. Sen. Ted Kennedy's leadership as a disability champion was part of a broader commitment to civil and human rights.

But his accomplishments in the area of disability law and policy may prove to be his greatest and most long-lasting success as a legislator.

Senator Kennedy's commitment to the cause of disability rights was informed by his experience as the brother of Rosemary, who was born with an intellectual disability; and the brother of Eunice, who devoted her life to improving the world's treatment of people with intellectual disabilities.

It was deepened when his son Ted Jr. had his leg amputated at age 12 after being diagnosed with bone cancer; and deepened again when his son Patrick experienced bipolar disorder and substance abuse as an adult.

Keep Reading...


Filed under: Sen. Ted Kennedy
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