Posts Tagged ‘stimulus’

By Alex Thorne

(7/17/2012 Update – related article: Bernanke: Economy stinks)

According to the latest report on world economics, the International Monetary Fund documents the effects of failed stimulus spending policies the Obama administration wants to continue if reelected to a second term.

In its latest world economic projections, the International Monetary Fund sounded a newly cautious note about a situation where rounds of government stimulus spending and low interest rates have failed to take hold, and left countries saddled with debt and other problems that give them little room to maneuver if conditions get worse.  (Howard Schneider, IMF: China, India, other developing countries show signs of slowdown, The Washington Post, 7/16/12)