Goldman sees danger in US budget cuts
Started by jason10006
about 15 years ago
Posts: 5257
Member since: Jan 2009
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"...The Republican plan to slash government spending by $61bn in 2011 could reduce US economic growth by 1.5 to 2 percentage points in the second and third quarters of the year, a Goldman Sachs economist has warned...." http://www.ft.com/cms/s/0/0369c1bc-3f71-11e0-a1ba-00144feabdc0.html#axzz1Et0GelRF