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IPFS News Link • Economy - Economics USA

World Bank President Robert Zoellick Warns Stimulus ‘Sugar High’ Won’t Stem Unemployment

• Bloomberg
Fiscal-stimulus plans are insufficient to turn around the “real economy” and rising joblessness threatens to set off political unrest across the globe.

1 Comments in Response to

Comment by William1950
Entered on:

Damn, some one with both an education and an understanding of economic real theory.
We can, in the USA make a fast turn around by doing exactly the opposit of what is being sold as the way out of this man made, bank made, government produced banking failure. It is also simple, easy and will pump hundreds of millions of real wages into the economy. Cut every home, every loan interest by one half and the principal by 33%. Also set fuel prices at $1.50 a gallon. These two practices wqill feed money away from the banks and into the American financial system.

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