Bad Prognostications for Coral Gables’ Future

September 1, 2010 Leave a comment

Being cautious in trying to resolve the budget crisis in Coral Gables is equally dangerous.

…the administration has lost credibility with the public and the chances of a renewed fiscal expansion have disappeared. With the Federal Reserve cautious, too, the likelihood of a lengthy period of weak growth and heavy joblessness is high. So, too, are the chances of domestic and global political friction.

via FT.com / Columnists / Martin Wolf – Obama was too cautious in fearful times.

Filed under Economy, Government

Unknown's avatarAbout Stephen E. McGaughey
Resident of the City of Coral Gables; Formerly with Inter-American Development Bank, Senior Environmental Project and Policy Leaders, Agricultural Economics, Forest Sector Projects and Policies, Country Representative Financing in El Salvador and the Dominican Republic

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