Read It Here First

http://www.futureofcapitalism.com/2009/08/read-it-here-first-6

FutureOfCapitalism.com, August 14, 2009, on the news that France and Germany had shown economic growth: "stimulus efforts in those countries were smaller than those in America, which, with its bigger stimulus, is having a slower recovery. In other words, more government spending isn't necessarily an economic cure-all."

Wall Street Journal editorial, August 17, 2009: "But France and Germany were among the countries in Europe that resisted Treasury Secretary Tim Geithner's imprecations to join the U.S. on the megastimulus bus, and on present evidence this fiscal restraint does not appear to be hurting their chances for recovery."

by Editor  |  Aug 17, 2009 at 9:00 am Related Topics:  Stimulus receive the latest by email: subscribe to the free futureofcapitalism.com mailing list