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Message: U.S. should plan 2nd fiscal stimulus: economic adviser

U.S. should plan 2nd fiscal stimulus: economic adviser

posted on Jul 07, 2009 12:22PM

Increasing talks about a second round of stimulus in the US ( some times from now if ever ) . Yet those discussions may fade if the present package starts affecting the economy positively ( still unsure at the present ) . The actual package is still only trickeling down in the economy and should accelerate pace in second half as Biden stated recently , so far it mostly went to health care as states and maket are trying to figure how to access the money or maybe the other way around as others have put it .

The US package represents about 6% of US GDP it fades in comparison to the Chinese package of about 15% GDP which has already been injected in larger part then the US package into the economy . China also stated in recent past it would consider injecting more money in it's economy if needed though they consider it was unnecessary in present conditions .

Tec 

http://www.reuters.com/

 

U.S. should plan 2nd fiscal stimulus: economic adviser

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