TITLE

Obama's Double-Down Gamble

AUTHOR(S)
Srodes, James
PUB. DATE
July 2010
SOURCE
American Spectator;Jul/Aug2010, Vol. 43 Issue 6, p52
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the decision of U.S. President Barack Obama to continue with the monetary and fiscal stimulus through 2010 and into 2011 before it will conduct serious efforts to reduce the annual federal spending overruns worth 2 trillion U.S. dollars. It says that the reasoning behind this move is quite puzzling considering the fact that Obama has been made to believe that the country's recession is over by the Federal Research and Treasury policy advisers. The author says that there is enough reason to be concerned about a bigger deficit burden.
ACCESSION #
52040010

 

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