Thursday, January 28, 2010

Jobless claims, durable goods point to weak growth

This article looks at the overall state of the economic rebound, in as generic a fashion as Yahoo! news can deliver. However, for those who watched the State of the Union last night, it shows how the administration is signing on to tackle some of the key problems that are slowing the recovery - namely, manufacturing growth, job creation, and infrastructure development. At the same time, Wall Street is anxious over administration plans to regulate banks and - as Dr. Skosples said yesterday in class - attempt to lower risk so that banks are no longer too big to fail.

If anyone else watched the speech last night, this post could be a forum to discuss whether or not Obama's proposed policies will help promote efficiency and/or equity as we emerge from the recession.

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