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President Obama has thrown out a life jacket for so called “underwater” homeowners – those would be homeowners who have made their mortgage payments on time, but haven’t been able to re-finance. The government is expanding a refinancing program that could bring relief to up to a million Americans. Obama said the move would free up money that could stimulate the struggling economy.

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The British government is looking to boost the sluggish economy by raising the speed limit! Transport Secretary Philip Hammond wants to raise the limit on national motorways from seventy to eighty miles an hour, a change he says would bring economic benefits in the hundreds of millions through shorter journey times.

If you’re not happy with the state of the economy, you’re not alone. According to a recent CNN/ORC poll, NINETY percent of Americans think that the economy is in serious trouble. This pessimism comes at a time where there’s over 9 percent unemployment, virtually no economic growth, and a troubled housing market.

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