TITLE

Economic stimulus means nothing without trust

AUTHOR(S)
Sung Won Sohn
PUB. DATE
February 2009
SOURCE
Business Journal Serving Fresno & the Central San Joaquin Valley;2/27/2009, Issue 323990, p26
SOURCE TYPE
Periodical
DOC. TYPE
Opinion
ABSTRACT
In this article the author offers his insights regarding the economic stimulus package of the U.S. President Barack Obama administration. According to him, every dollar of government spending will reduce private investment by one-third of a dollar and the other two thirds are made through foreign capital inflows and savings. However, he notes that it is not effective unless the financial markets support the declining economic situation in the nation.
ACCESSION #
38906354

 

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