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Decoupling From The European Debt Crisis? Signs Of Improvement In The US Economy

2011/10/27 10:13:00 20

In the euro zone. debt When the crisis is too busy, the United States seems to be quietly returning to the world. With a number of indicators, including retail, employment and manufacturing, exceeded expectations, plus some large ones. enterprise The latest quarterly bulletin achievement The forecast is quite positive. Economists who have been pessimistic about the US economy have also raised their expectations for future growth.


Policy faces also blow warm air. The White House said on the 24 day that it would bypass the uncooperative Parliament and introduce some administrative measures to stimulate the weak economy. White House spokesman Carney said at a press conference the same day that Republicans in Congress had blocked the Employment Bill proposed by President Obama for the two time in Congress. Carney quoted an independent economist's view that the Obama government's Employment Act is expected to create 1 million 900 thousand jobs and boost the US economic growth by 2%. In order to stimulate economic growth and solve the problem of high unemployment rate, Obama put forward a total employment rate of $447 billion in September 8th, including lowering salaries tax and increasing investment in infrastructure.


In addition, the Obama administration has made efforts to stabilize the real estate market. The Federal Housing Finance Agency issued a statement on the 24 day, announcing a series of measures to reform the affordable refinancing project for housing, which aims to enable more borrowers to restructure their mortgages and enjoy the current lower interest rates to ease the burden of housing loans.
 

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