Excerpt From a Market Oracle Piece

Arianna Huffington's Third World America: How Our Politicians are Abandoning the Middle Class and Betraying the American Dream explains that the $787 billion American Recovery and Reinvestment Act, the bank bailout package also known as TARP, allotted only $72 billion to infrastructure projects. Another feature of the bill was to have banks agree to lend money to medium and small sized businesses to stimulate the economy. That didn't happen and official unemployment numbers remain above 9%, while unofficial figures for underemployed Americans soar above 20%.'>Arianna Huffington's Third World America: How Our Politicians are Abandoning the Middle Class and Betraying the American Dream explains that the $787 billion American Recovery and Reinvestment Act, the bank bailout package also known as TARP, allotted only $72 billion to infrastructure projects. Another feature of the bill was to have banks agree to lend money to medium and small sized businesses to stimulate the economy. That didn't happen and official unemployment numbers remain above 9%, while unofficial figures for underemployed Americans soar above 20%.