Will Business be Stimulated?
A panel of experts make predictions about the impact of the American Recovery and Reinvestment act of 2009.
1. Steven Strauss, president of The Strauss Group Inc.
Why he's an expert: small-business columnist for USAToday, Microsoft and AT&T; author of The Small Business Bible: Second Edition
What he says: "It's taking some time to get contracts out and bids up, but from now until next year you're going to start seeing small businesses reap benefits. It will peak in 2010, and hopefully by then, the economy will be back on the right track."
John Maynard Keynes(pronounced "canes")
1883 to 1946
Title: Economist, Baron of Tilton
Why you should care: In the years following the Great Depression, the Cambridge-educated mathematician-turned-economist revolutionized the field of economics with his book The General Theory of Employment, Interest and Money. He claimed, to the dismay of England's moneyed class, that free markets sometimes need an occasional boost from the government to remain healthy. (Thank him in another life.) Some say his personal life was unusual, too. Openly gay, Keynes was a self-proclaimed elitist who bemoaned Americans, the French, Jews and, naturally, the working class.
Memorable quote: "If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid." -J.W.
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