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President Obama's economic adviser pitches job stimulus

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cal04 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-13-09 10:16 AM
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President Obama's economic adviser pitches job stimulus
Edited on Sun Dec-13-09 10:58 AM by cal04
http://news.yahoo.com/s/ap/20091213/ap_on_bi_ge/us_romer_economy

A White House economic adviser says it would be "suicide" for the government to focus exclusively on the deficit when the economy is sorely in need of jobs.

Christina Romer says money freed up from the repayment of financial bailout funds gives the government the leeway to boost try to employment while seeking to control the deficit over the longer term.

She says "no one is talking about raising taxes" during a recession to pay for the proposed new stimulus plan.




US recession 'not over until jobs rate rises'
http://news.yahoo.com/s/afp/20091213/ts_afp/useconomyunemploymentrecession_20091213152825

Aides say Obama is pressing to ease credit again
http://news.yahoo.com/s/ap/20091213/ap_on_bi_ge/us_obama_banks
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HopeOverFear Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-13-09 11:16 AM
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1. kick and rec'd
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Kdillard Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-13-09 12:11 PM
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2. Good everyone seems to be on the same page.
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