August 23, 2011 Headlines: Economy Growth Slows (More), GE in China, Romney's Jobs Plan, and More
Forbes: Is China bad for the US job market? Yes.
Reuters: Looks like the “slow drip” of help from the Fed will continue, but no major intervention to boost the economy.
Politico: Meanwhile, the Fed lent banks $1.2 trillion during the financial crisis, much of it to European banks.
The Hill: Obama calls Warren Buffett and Ford’s CEO for jobs advice.
MSNBC: Romney will unveil his jobs plan in early September.
WaPo: Only 4 in 10 House members holding town hall meetings this recess period.
WaPo: General Electric (whose CEO Jeff Immelt serves as chair of Obama’s Jobs and Competitiveness Council) goes “all in” to China on an aviation deal. We develop the technology, China gets the jobs.
WSJ: Economists scale back their growth forecasts for the US economy.
WSJ: White House trims regulation on businesses.
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