Make me your Homepage
left corner left corner
China Daily Website

Govt putting US economy at risk

Updated: 2013-10-18 08:13
By Andy Sullivan in Washington ( China Daily)

Consensus may be hard to find in Washington these days, but many corporate executives and economists seem to agree on one point - the biggest risk to the world's largest economy may be its own elected representatives.

Down-to-the-wire budget and debt crises, indiscriminate spending cuts and a 16-day government shutdown may not be enough to push the US economy back into recession.

But Washington's policy blunders in recent years have significantly slowed economic growth and kept some 2 million people out of work, recent estimates show.

Govt putting US economy at risk