US Economy: Obama Announces Plan for Economic Recovery
Washington, 25 Mar. Today US President Barack Obama announced his plan for economic recovery. Included in this strategy includes means to create new jobs, reviving the housing market, and reestablishing liquidity in banks and getting them to resume lending.
Obama said, “We are beginning to see signs of progress. The budget I submitted to Congress will build our economic recovery on a stronger foundation, so that we do not face another crisis like this 10 or 20 years from now.”