Got TIPS or BREAKING NEWS? Please call 545-3572; ads call 440-6666                               Sittings from House of Assembly are carried live on 90.9 FM the Caribbean superstation or follow live online: www.cbnvirginislands.com

News

December 27th, 2014
Obama’s policy of stimulus trumps right wing austerity

By Dickson Igwe

The USA has regained its position as the main engine of world economic growth. As 2014 ends, the US is the fastest growing developed economy. The last quarter, July-September 2014, the US economy grew 5%. This was the fastest rate of American economic growth since 2003. It remains to be seen whether Barack Obama’s policy of stimulus has taken the US back to the era of the Clinton Presidency, when a sustained economic boom lasted for almost a decade.



Weather


Follow Us On