ximmy
19th April 2010, 01:59 AM
WASHINGTON (AP) - Treasury Secretary Timothy Geithner (GYT'-nur) says the economy is growing faster than the Obama administration expected.
He tells NBC's "Meet the Press" that the country is on the way to sustained job creation. But he acknowledges that unemployment may remain high, close to 10 percent.
Geithner says there's more confidence in the business world, and he says the private sector is growing. He also says people are spending more.
He said he sees encouraging signs that should make Americans confident the country will emerge stronger.
California unemployment @ 24%:
http://apnews.myway.com/article/20100418/D9F5FCBO1.htmlCali.
Record breaking foreclosures in 2010
http://gold-silver.us/forum/index.php?topic=2081.0
American Car sales poor with great reviews... :o
http://gold-silver.us/forum/index.php?topic=1787.0
Spend Middle class... SPEND!!!!
federal reserve money supply chart
http://research.stlouisfed.org/fred2/series/BASE
http://www.shadowstats.com/imgs/2010/544/monetary_base_chart.gif
He tells NBC's "Meet the Press" that the country is on the way to sustained job creation. But he acknowledges that unemployment may remain high, close to 10 percent.
Geithner says there's more confidence in the business world, and he says the private sector is growing. He also says people are spending more.
He said he sees encouraging signs that should make Americans confident the country will emerge stronger.
California unemployment @ 24%:
http://apnews.myway.com/article/20100418/D9F5FCBO1.htmlCali.
Record breaking foreclosures in 2010
http://gold-silver.us/forum/index.php?topic=2081.0
American Car sales poor with great reviews... :o
http://gold-silver.us/forum/index.php?topic=1787.0
Spend Middle class... SPEND!!!!
federal reserve money supply chart
http://research.stlouisfed.org/fred2/series/BASE
http://www.shadowstats.com/imgs/2010/544/monetary_base_chart.gif