Friday, August 5, 2011

US headed for another recession?

From: RTAmerica | Aug 4, 2011

President Obama recently signed into law the raised debt ceiling deal. And many believe we should just be glad the show is over. But what does this mean for the US economy? According to new numbers about the US economic growth we are one-third likely to fall into another recession. Dean Baker, co-director for the Center for Economic and Policy research tells us why we should be concerned.


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