Monday, April 30, 2012

ECONOMY - Outlook, Very Slow Growth in U.S.

"Troubling New Signs Plague European, U.S. Economies" PBS Newshour 4/27/2012

Excerpt

RAY SUAREZ (Newshour): For a closer look at economic woes here and abroad, we turn to Scheherazade Rehman. She is director of the European Union Research Center and professor of international finance at George Washington University.

And, Scheherazade, teetering governments, debt downgrades, in the U.S. positive, GDP growth, but not as much as people expected. Is there a thread that connects these data points, a pattern in all of this?

SCHEHERAZADE REHMAN, George Washington University: Well, I think the pattern is pretty clear. We in the United States are experiencing very, very slow growth.

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