Related News
Geithner: Recovery could be 'a little choppy'
Source: Agencies |
November 1, 2009, Sunday
|
Online Edition
Online Edition
US Treasury Secretary Timothy Geithner says the economic recovery "could be a little choppy" and it's going to take a while.
Geithner told NBC's "Meet the Press" that bringing back jobs and the confidence of investors will be the real test of recovery. He declined to say whether the recession is over, saying economists will figure that out years from now.
Recent encouraging news in the economy "shows that - when you act with force - you can stabilize a crisis like this," he said in the interview that will air today.
"But this is going to be a different recovery than in the past because Americans are going to have to save more. A lot of damage was caused by this crisis. It's going to take some time for us to grow out of this.
"It could be a little choppy. It could be uneven. And it's going to take awhile."
He noted, however, that he's seeing encouraging signs.
An excerpt of the interview was released last night.
Geithner told NBC's "Meet the Press" that bringing back jobs and the confidence of investors will be the real test of recovery. He declined to say whether the recession is over, saying economists will figure that out years from now.
Recent encouraging news in the economy "shows that - when you act with force - you can stabilize a crisis like this," he said in the interview that will air today.
"But this is going to be a different recovery than in the past because Americans are going to have to save more. A lot of damage was caused by this crisis. It's going to take some time for us to grow out of this.
"It could be a little choppy. It could be uneven. And it's going to take awhile."
He noted, however, that he's seeing encouraging signs.
An excerpt of the interview was released last night.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
