Detail From Deficits to Jobs Back, and Back; The Jobs Plan   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 400 no. 8751 (Sep. 2011), page 32. Topik: Politics; Economic Policy; Unemployment Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.68 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel America's political priorities have undergone a breathtaking about-turn. In early August Barack Obama and Congress were consumed by fears about deficits, eventually making a deal to cut more than $2 trillion dollars from the budget over the coming decade. By the time Mr Obama spoke to Congress on September 8th, though, the deficit had taken a back seat to job creation. Mr Obama proposed a $447 billion plan which, he said, would keep the economy from dipping back into recession. Republican leaders promised their help in the hunt for "long-term, sustainable jobs". Both sides have good reason to change their tune. After pushing the country to the brink of default before last month's debt deal, the Republicans in Congress have seen their approval ratings plunge. Mr Obama's political fortunes, meanwhile, have followed the economy's southward. Without intervening action, fiscal policy is on course to make matters worse. The August debt deal, the fading impact of Mr Obama's original $830 billion stimulus, the expiry of a further $200 billion in support added last December and surprisingly strong tax collections this year all point to a fiscal squeeze, totalling perhaps 2% of GDP, next year, which could easily knock the economy back into recession. Mr Obama's plan would neutralise that hit. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

Copyright © 2006, 2007 Unika Atma Jaya, all rights reserved