World Economy
The “world economy” has been in the toilet for years but now it looks like it’s starting to finally rebound.
The IMF projected 4.6 percent growth for the United States this year, 3.4 percent for Japan (the highest rate in Japan since 1996), 1.7 percent for the 12 nations that share the euro currency, 8.5 percent for China and 6.8 percent for India.
1.7 percent for Europe? And they want to dictate policy to us? Anyway what I find most impressive is Japan’s growth which has been stunted for a long time.
Somehow though the health of the American economy under the President Bush isn’t the reason the “world economy” is improving. It was only Reagan’s or Bush Sr.’s fault it faltered to begin with.