August 27, 2010 Headlines
Posted by jeckert on 08/27/2010
GDP growth revised downwards to 1.6% for the second quarter. Biggest reason: imports. Paul Krugman: this is not a recovery. Obama should do something about China’s currency manipulation. Washington Post reports that imports are a drag on economic growth and job creation. How states fared in weekly jobless claims: Wisconsin led the increases. The Administration proposes tightening trade rules. ##
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