Stimulus means big boost for some industries

As most of us have heard about the stimuli package being passed by the congress, well this article actually shows who will be the benefiting from it. Industries such as: Constructions, homebuilders, alternative energy, and automakers. The constructions industry will benefit in two ways, one by hiring people back who were laid off and the other is by putting billions of dollars into new bridges, roads, ports and etc. In homebuilder industry, homebuyers are expected to get 10% tax credit of their house value for up to 15,000.  Alternative energy is given lots of funds for improving its alternative energy products and increase efficiencies in buildings. In this, $14.4 billion is given to government energy efficiency and renewable-energy programs, $4.5 billion for a smart electricity grid, and $2.9 billion to weatherize modest-income.  In Automakers industry, the cost of new cars will be cut and due to this the interest payment and sales tax will be tax-deductible. It looks like due to this stimulus, not just industries, but even we will be benefiting from it. This will be a great opportunities for new jobs and also for employees who were laid off.

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