The US, which witnessed one of the worst economic crisis in recent times, is coming out of recession faster and stronger than many countries of the world, a top Obama Administration official has said.
“The economy is definitely getting stronger. We’re coming out of this stronger and more quickly than many people expected, and stronger and faster than many countries around the world,” US Treasury Secretary Timothy Geithner told reporters yesterday.
Noting that the US is in a much stronger position today than it was earlier, Geithner said this has been because US President Barack Obama acted forcefully initially, doing things that were politically difficult, but he acted with overwhelming force to put out the financial fire.
“We’ve been growing now for three quarters,” he said. At the same time he said there is still a long way to go.
Popularity: 5% [?]
I CERTAINLY LIKE THE POLICY OF AMERICAN’S.EVEN IF THEY WERE AFFECTED BY THE WORST CRISIS EVER THEY ARE BACK AGAIN ON TRACK. COMPARING THEIR POLICIES TO INDIA I THINK AMERICA IS MUCH BETTER.
THE MAJOR DIFFERENCE IS:
INDIA FRAMES BEST POLICIES & AMERICA TOO DOES SAME ,BUT IMPLEMENTATION OF THAT POLICIES MAKES THE DIFFERENCE.
INDIA IS BACKWARD IN IMPLEMENTING THE RIGHT POLICIES AT RIGHT TIME.
AM I RIGHT?