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US ECONOMY - TURN AROUND IN 2009?
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US ECONOMY, TURN AROUND
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About "US ECONOMY - TURN AROUND IN 2009?" topic:
The US responded to an unprecedented financial crisis of global magnitude with a combination of forces: tax cuts, Government spend (both to the tune of nearly USD 0.8 Trillion) and a host of policy measures in Regulatory Compliance and Governance. The US seems to have contained the recession to be a less than prolonged one and is apparently seeing results, as the depth of contraction in the US economy is getting reduced, faster than expected. Is US Economy turning around in 2009?
1 insight
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on topic: "US ECONOMY - TURN AROUND IN 2009?"
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Yes
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No
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Bhimrao Kulkarni
| Argues in support of
"Yes"
| 29 days ago
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US Economy is largely contributed by almost 80% of non-us citizens(migrants), untill unless all of them plan to return to their base, they will find one or another way to keep the economy strong !!!!, at the end of the day its migrant living...
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Prakash Saitwal
| Argues in support of
"No"
| 2 years ago
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USA still needs a long time to see a Turn Around. The eason is that, the recession in USA is real, whereas in rest of the world, it is either impact of collapsing USA market or a panic reaction of USA collapse. The USA recession has been...
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Deepak Agrawal
| Argues in support of
"No"
| 2 years ago
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No I don't think that US economy will turn around so quickly. I think it will take another 6 months time to start recovering. US has put lot of stimulus package by bailing out few bankruptcy and pumping money in different sector to strengthen...
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Debate: "Is US Economy Turning Around?" deleted from your view.
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FORGET snow — every part of the Office for National Statistics report on the economy was bad news: household spending, business investment, services, finance, construction, even previously hopeful manufacturing figures — all revised downwards — plus declining house prices and anything else you can measure. The one shard of hope is that the lunatic tendency on the Bank of England’s monetary policy committee (Andrew Sentance) may be silenced on raising interest rates. Rising inflation is almost entirely beyond British control — oil and commodity prices. While real pay falls for all but bankers and FTSE boardrooms (up 55 per cent), there is no home-grown wage inflation. Imagine the mayhem in r...
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SHRIKANT MANOHAR DANKE
| Commented
| 1 year ago
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Thank God, we are living in India & not in U.K., but fill sorry for all Indians, who will be affected there in U.K. due to this financial condition. Thanks for referral, Danish.
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Insight: "UK economy in dire straits" deleted from your view.
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