http://www.americanprogressact
ion.org/issues/2008/stimulus.h
tml

Our country faces a likely
serious and possibly
devastating economic downturn.
Policymakers must act to stem
the severity to the extent
they can. Failure to come
together to act quickly means
that the economic pain will be
broader and deeper than
other
more

http://www.americanprogressact
ion.org/issues/2008/stimulus.h
tml

Our country faces a likely
serious and possibly
devastating economic downturn.
Policymakers must act to stem
the severity to the extent
they can. Failure to come
together to act quickly means
that the economic pain will be
broader and deeper than
otherwise would be the case.
Average American workers, who
failed to benefit from
economic growth in this last
business cycle, will be
amongst the hardest hit. And,
if Washington cannot now take
measures to address the
short-term weaknesses in the
economy, then the first years
of the next Administration
will be consumed by that
challenge—leaving little
capacity for progress on
health care, the
transformation to a low-carbon
economy, and creating the
conditions for long-term
growth and economic
opportunity.
Center for American Progress
Senior Fellow Dr Laura Tyson
joined CNBC to talk about the
economy & a needed stimulus.

www.AMERICANPROGRESS.org

Category People & Blogs

Tags economy, dow, stimulus, money, market, cnbc, tyson, progressive, recession, stock, bernanke, commentary, analysis, news