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Washington to the rescue

Published Saturday, March 01, 2008

In early February, the President signed into law a financial stimulus package that would offer rebates to millions of taxpayers, give tax breaks to businesses and help ease the mortgage squeeze by increasing the size of loans eligible for government-backed insurance. This action, along with back-to-back cutting of Fed funds rates, is expected to help the sluggish economy in general — but will it help the trucking industry, which has been in a funk for more than a year? The answer is “yes,” according to most economists, but the extent and speed of these radical cures for a ...

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