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    Decoupling From The European Debt Crisis? Signs Of Improvement In The US Economy

    2011/10/27 10:32:00 19

    European Debt Crisis "Decoupling" Signs Of Improvement In US Economy

    Just in

    Eurozone

    To cope with the debt crisis, the United States seems to be quietly returning to the world.

    With a number of indicators, including retail, employment and manufacturing industries, exceeding expectations, and some newly released quarterly reports and performance forecasts of some large enterprises are quite positive, economists who have been pessimistic about the US economy have also raised their expectations for future growth.


    Policy faces also blow warm air.

    The White House said on the 24 day that it would bypass the uncooperative Parliament and introduce some administrative measures to stimulate the weak.

    Economics

    White House spokesman Carney said at a press conference the same day that Republicans in Congress had blocked the Employment Bill proposed by President Obama for the two time in Congress.

    Carney quoted an independent economist's view that the Obama government's Employment Act is expected to create 1 million 900 thousand jobs and boost the US economic growth by 2%.

    In order to stimulate economic growth and solve the problem of high unemployment rate, Obama put forward a total employment rate of $447 billion in September 8th, including lowering salaries tax and increasing investment in infrastructure.


    In addition, the Obama administration has made efforts to stabilize the real estate market.

    The Federal Housing Finance Agency issued a statement 24 days ago, announcing a series of

    reform

    Housing refinancing projects are designed to allow more borrowers to restructure mortgage loans, enjoy the current lower interest rates and ease the burden of housing loans.

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