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Re: OH,,,OK,,,,,,,,,,,,,IMF warns on U.S. economy 

By: ribit in ROUND | Recommend this post (1)
Thu, 05 Jul 12 4:41 AM | 64 view(s)
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(This msg. is a reply to 42422 by capt_nemo)

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Christine Lagarde, managing director of the International Monetary Fund, is encouraging U.S. lawmakers to focus on boosting the economy now, and worry about cutting deficits later.

...we been "worrying about is later" for about a century now. Later has arrived. IMHO, when ya find yourself in a hole, the first thing ya oughta do is quit digging.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!


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The above is a reply to the following message:
OH,,,OK,,,,,,,,,,,,,IMF warns on U.S. economy
By: capt_nemo
in ROUND
Wed, 04 Jul 12 5:39 AM
Msg. 42422 of 45651

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Christine Lagarde, managing director of the International Monetary Fund, is encouraging U.S. lawmakers to focus on boosting the economy now, and worry about cutting deficits later.

NEW YORK (CNNMoney) -- Boost the U.S. economy now and worry about cutting deficits later, the International Monetary Fund recommended Tuesday.

The U.S. recovery remains "tepid" and according to the IMF, is expected to grow only 2% this year. Meanwhile, the fiscal cliff looms in 2013, threatening to reduce the economy's growth to only 1% next year.
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Meanwhile, the IMF predicts the job market will improve only at a snail's pace. It expects the unemployment rate to average 8.2% this year and 7.9% in 2013.

Amid that weakness and threats from slower growth abroad, the IMF recommended U.S. policymakers spend more on infrastructure, worker training programs, extended

http://money.cnn.com/2012/07/03/news/economy/imf-recovery/index.htm?hpt=hp_t2


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