Austerity drags on the US recovery

Consumption and business investment drove America’s GDP lift, but the government continues to impede growth by pursuing austerity measures, which provide little debt relief.

The United States economy picked up over the back half of 2013 and the recovery appears to be gathering some momentum. But the US federal government continued to provide a significant drag on growth, while achieving little in the way of sustainable debt reduction.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles