-- written by Daurie Augostine

Saturday, June 29, 2013

Food for Thought

"The problem is that the Americans and the European leaders continue to define what produces growth in different ways --- differences that have a parallel in the domestic debate between Mr. Obama and Republican lawmakers.  Ms. Merkel [German Chancellor] and Mr. Cameron [British Prime Minister] say that reducing deficits and debt to reassure lenders eventually will bring growth.  The Americans say that the United States' recovery shows that, in a crisis, stimulus should come first and deficit reduction can follow once growth is restored."
                                                         
                                                             -- British Day economy article, 6/16/13


                                                                            Source:  Google Images