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That means by the time either Barack Obama or John McCain moves into the White House, most of the government's bailout actions will be in place, the executive branch will have unprecedented authority to deal with the financial problem, and Congress will likely send the president another economic stimulus bill to sign.
FORBES: Election 2008
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President Bush traveled to Capitol Hill on Wednesday morning to press his point that Congress should not leave for the year without sending him a stimulus bill he can sign.
CNN: Economic stimulus plan in doubt
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PNC's Mr. Stone said that when the Fed eventually starts pulling back on stimulus, it will be a positive sign for the economy.
WSJ: Blue Chips Reclaim Some Lost Ground
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"I would hope that when the president meets with the leadership tomorrow, they would look upon this document as the basis for an agreement and one that I think will be the ultimate economic stimulus package that the president will be able to sign, " he said.
CNN: Bush tries to break stimulus deadlock
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Another positive sign is the emphasis on infrastructure spending in many of the national fiscal stimulus packages.
ECONOMIST: The truck industry
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"The appointment of the first black attorney general was a symbolic sign that talent comes in all shapes, sizes and colors....The stimulus package was designed to impact not just those with power but people at the bottom of the economic ladder, " said Mr. Ogletree, who is African-American.
WSJ: Race Issues Stay Below the Radar
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Obama's plan is pretty clear: Push a stimulus package through Congress ASAP, and have it ready for the new president to sign on January 20.
CNN: Borger: Obama takes ownership of the economy