The world’s leading economic powers, the G-8 nations, are trying to reverse the stimulus measures they took earlier, since the economy seems to be recovering even though most of the financial stimuli have not gone into effect yet. The United States, however, wants the stimuli to continue, despite fears they will trigger massive inflation.
Recovery before stimulus
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{ 2 comments… read them below or add one }
Obama is talking from the East Room again today about the government’s takeover of the financial services sector. We are very slow learners.
http://www.washingtonpost.com/wp-dyn/content/article/2009/06/16/AR2009061602610_pf.html