US Vice President Biden: The US Economy Needs More Stimulus
Beijing time August 26th evening news, vice president of the United States
Biden
On Friday's ten day trip to Asia, he said the US economy needs more stimulus to push ahead.
Soon after that, the White House will introduce new measures to promote job growth.
After about 10 days of Asian tour in China, Mongolia and Japan, Biden will probably turn his attention to domestic policy, and the White House is preparing a new major move to promote job growth.
The United States is working hard to deal with the unemployment rate of up to 9% and all the problems raised by the standard & Poor's rating agency's downgrading of its highest credit rating.
Referring to the S & P's downgrade in the US
debt
When the leader's turnover was changed, Biden said that his instinct was that the pressure from the dissatisfaction of the enterprise caused the change, though he explained that he did not know the internal work of the organization.
Mcgraw, the parent of standard & Poor's rating agency, said Tuesday that its current president, Shamal, will resign in September 12th and will be president of Citibank's chief operating officer Glass Peterson.
Since 2007, he has been president of S & P.
The US business community is now eager to see what new measures President Obama will launch in September after the labor day to stimulate job growth and economic growth.
Biden also refused to disclose specific plans, but he said it was clear that the US economy would be boosted.
Biden said, "I think the American economy really needs more.
stimulate
"
The White House said Obama's new plan would include measures to win bipartisan support.
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