Is US a model for austerity-wary Europe?

Despite its sluggishness, the US economy is growing while Europe's is contracting. A rising number of policymakers blame Europe's austerity moves.

America's poor jobs report has rattled world markets. Germany's DAX index fell 2 percent Friday. Wall Street saw its worst week of the year, as slowing job growth stoked fears that recovery in the United States is faltering. Last month, the economy added only 115,000 jobs. Full Story »

Posted by Fabrice Florin - via Christian Science Monitor, Google News (U.S. Economy)
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Posted by: Posted by Fabrice Florin - May 5, 2012 - 7:19 PM PDT
Content Type: Article
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Edited by: Fabrice Florin - May 6, 2012 - 5:52 PM PDT

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Sirajul Islam
4.0
by Sirajul Islam - May. 8, 2012

Good reporting on political economy by Laurent Belsie, Business editor of CSM. The report is insightful because it rightly said that 'millions of voters in France and Greece go to the polls and are likely to throw out the leaders who have backed austerity and spending cuts'. Actually, the outcome is that the leaders are thrown out, and france is the 11th EU State to face it. The report is also a pointer that the growth vs.austerity debate has to move to the forefront in the U.S.

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Fabrice Florin
3.8
by Fabrice Florin - May. 6, 2012
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DR.RUPAK NATH(DR.RUPNATHJI)
4.0
by DR.RUPAK NATH(DR.RUPNATHJI) - May. 8, 2012

http://nraju.posterous.com/barak-valley-famous-for-its-saint-drrupnathji-92990#

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