Nobel economist says -- Excess financial sector profits point to an economy off track

Brandon, Hembree
December 2009
Southwest Farm Press;12/17/2009, Vol. 36 Issue 24, p6
Trade Publication
The article discusses the economic position of U.S. President Barack Obama's administration as of 2009. It mentions that the administration has not been able to address the real problem of the country especially in the financial sector despite its stimulus package. According to Nobel laureate and Columbia University Professor Joseph Stiglitz that the financial sector has a flawed system and the government has failed to correct the system thus the stimulus package is somewhat a waste.


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