“US Treasury Secretary Timothy Geithner said Tuesday that sparking faster growth in the global economy should be the priority of all developed countries to combat unemployment. Geithner told the Clinton Global Initiative conference that slashing government spending at this point is counter-productive, even if countries need to cut their fiscal deficits. He argued governments can afford to borrow at low rates to try to get growth going in their economies to generate jobs.”
http://www.rawstory.com/rs/2012/09/25/geithner-urges-governments-to-fuel-growth/
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