Want To Jump-Start The Economy? Include A Green New Deal In The Stimulus Package [Forbes]
ConocoPhillips (COP)
Last conocophillips earnings: 4/30 07:00 am
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Source: Forbes
It feels an awful lot like 2008. With the economy going off the cliff, then candidate-Obama had proffered a massive $1 trillion stimulus plan or about 4.5% of the gross domestic product. The critics went wild, calling it the epitome of big government and argued that free-market forces would realign the economy. That was then. But now that the Republicans control the White House, they too are trying to write a $1 trillion stimulus package — one that is 4.5% of the gross domestic product and one that could possibly bail out sick oil and gas producers. Such strategies have been anathema to their thinking; President Obama received no Republican votes for his 2009 tax package. But such financial injections are necessary during recessions and to avoid potential catastrophes. The question that both parties must resolve now is just where to infuse that capital: just last evening, the president signed an emergency-aid bill to help those impacted by the corona virus. Next up, though, is a stimu
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COP
Earnings
- 10/31/24 - Beat
COP
Sec Filings
- 11/4/24 - Form 4
- 11/4/24 - Form 4
- 10/31/24 - Form 10-Q
- COP's page on the SEC website