hypocritexposer
Well-known member
Few people attending the World Economic Forum question the need to revive America's economy, the world's largest, with a package that could reach $1 trillion over two years. But the long-term fallout from increased borrowing by the U.S. government, and its potential to drive up inflation and interest rates around the world, seems to be getting more attention here than in Washington.
U.S. officials maintain they are aware of the challenge. A top White House adviser, Valerie Jarrett, promised in Davos on Thursday that once the stimulus plan had achieved its intended affect, the United States would "restore fiscal responsibility and return to a sustainable economic path."
Is she saying they aren't being fiscally responsible at this point in time?