Comments on: Summers speaks http://blogs.reuters.com/felix-salmon/2009/07/17/summers-speaks/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: hsr0601 http://blogs.reuters.com/felix-salmon/2009/07/17/summers-speaks/comment-page-1/#comment-4393 Sat, 18 Jul 2009 17:46:38 +0000 http://blogs.reuters.com/felix-salmon/2009/07/17/summers-speaks/#comment-4393 In regard to the stimulus investment, my understanding is as follows:

1. The current surging fuel cost (World oil prices doubled during the last 6 months) is overwhelming the market rally.
And the pending clean energy bill might serve as a second stimulus package world-wide boosting private investments.

2. People are so worried about losing their job, coverage, denial of treatment, which seems to increase bank deposit latetly. That means stimulus funding mainly goes toward bank deposit for a rainy day increasing jobless rate. It proves again that a healthy society yields better productivity, prosperity.
It is time to ‘Change’ the notion of the public health as a fundamental human right and install ‘a safety system for all’ like all of the other industrialized nations, I think.

3. The stimulus funding begins to mobilize just 11%, meanwhile, the auto industry has undergone its restructuring with the massive job-related impact.

4. The pandemic swine flu has been hurting the global economy seriously.

Thank You !

]]>
By: Shalom P. Hamou http://blogs.reuters.com/felix-salmon/2009/07/17/summers-speaks/comment-page-1/#comment-4390 Sat, 18 Jul 2009 12:37:03 +0000 http://blogs.reuters.com/felix-salmon/2009/07/17/summers-speaks/#comment-4390 Read the Tract: “Plea for a New World Economic Order.”, which explains the nature and causes of economic depressions and proposes a plausible alternative solution.

]]>