Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

US economy very dismal? UE to go up?

http://www.businessweek.com/news/2010-02-01/roubini-sees-very-dismal-and-poor-u-s-expansion-update1-.html

 
mamakirs

Asked by mamakirs at 3:15 PM on Feb. 1, 2010 in Politics & Current Events

Level 14 (1,495 Credits)
This question is closed.
Answers (5)
  • What do you expect when we put idiots in office!
    hot-mama86

    Answer by hot-mama86 at 9:45 PM on Feb. 1, 2010

  • mamakirs

    Answer by mamakirs at 3:16 PM on Feb. 1, 2010

  • Very interesting, and somewhat depressing, article. Thanks though.
    mancosmomma

    Answer by mancosmomma at 3:46 PM on Feb. 1, 2010

  • Nobel Prize-winning economist Joseph Stiglitz said Obama’s previous efforts to bolster the economy are only “a step in the right direction.”

    “I’m a bit worried that again it’s not enough,” Stiglitz said in a Jan. 28 Bloomberg Television interview in Davos. “He has to take a much more active” approach. “It has to be a second round in stimulus, focusing in particular on investment.”

    International Monetary Fund Managing Director Dominique Strauss-Kahn, who two years ago used the Davos stage to lobby governments to increase spending, said policy makers in the U.S. and elsewhere risk narrowing their options if they withdraw emergency measures too soon and the recovery falters.

    “If you exit too early then the risks are much bigger,” Strauss-Kahn told the Swiss gathering.
    Sisteract

    Answer by Sisteract at 3:46 PM on Feb. 1, 2010

  • The above quote is interesting. I know when visiting relatives in Ireland last fall their economy was experiencing the same struggles for many of the same reasons, especially in terms of the housing market, banking and jobs, and are so happy to be part of the EU @ this point. Lots of folks living on the Irish dole-

    Sisteract

    Answer by Sisteract at 3:49 PM on Feb. 1, 2010

close Join now to connect to
other members!
Connect with Facebook or Sign Up Using Email

Already Joined? LOG IN