Crossing river by feeling the stones?
By You Nuo | China Daily | Updated: 2009-02-16 07:34
The US produced two economic plans last week. On Friday, Congress handed President Barack Obama a victory by approving a $787 billion stimulus bill.
The Obama plan is designed to help victims of the crisis in the short run and, in the long run, to build a more competitive and hopefully more fuel-efficient economy.
On Tuesday, Treasury Secretary Timothy Geithner revealed his bank rescue plan, which outlined a future government-private sector partnership to re-finance the financial system.
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