TITLE

Washington: Out of Tune With Growth

AUTHOR(S)
Malpass, David
PUB. DATE
November 2007
SOURCE
Forbes Asia;11/26/2007, Vol. 3 Issue 20, p18
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
The author reflects on the slowdown of the U.S. economy. He states that the U.S. is poised to deepen what could be a sharp 2008 slowdown with a weak dollar, tax increases and protectionism, the opposite of the growth policies that are working abroad and have worked here in the past. He adds that as the weak-dollar trend embedded itself during the Federal Reserve's ultralow interest rate days in 2003-2005, corporate investment plans shifted abroad.
ACCESSION #
27726584

 

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