Feb 11th Bus. Week - Economics Name J. Bryce Ireland You...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Economics Name J. Bryce Ireland You are required to do your own reading and summarizing. Business Week Article Review Form Week of Feb 11 th 2008 Business Outlook: Summarize the main point and key supporting ideas of the Business Outlook article. The business outlook article, entitled “Is this entire stimulus necessary?” is discussing how the overreaction of the Federal Reserve and Congress is getting everything messed up. The recession could more than likely solve itself but the Fed and Congress are “overheating” and economy that does not need it. Yes, the economy is weak, last quarter there was only a 0.6% growth. But there is no need to worry, we’ve gone through a rescission before in the US, and we still made out on top. Economists do believe though, that the $100 billion in tax rebates and $50 billion in capital spending will help the economic growth of the US, somewhere between 1 and 1.5%. Economic Viewpoint ( News You Should Know):
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 3

Feb 11th Bus. Week - Economics Name J. Bryce Ireland You...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online