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As outlook dims, Obama expands recovery plans

Washington: Faced with worsening forecasts for the economy, President-elect Barack Obama is expanding his economic recovery plan and will seek to create or save 3 million jobs in the next two years, up from a goal of 2.5 million jobs set just last month, several advisers to Obama said on Saturday. Even Oba ....Read more

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U.S Recovery PlansBy: Dr.K.K.Ammannaya | Monday , 22 Dec '08 5:49:08 AM Reply | Forward As rightly stated by Nobel Laureate Paul Krugmaneconomic recovery requires relearning the lessons fron the past crisis,particularly thelesson that everything can not be left completely to the whims of the market.There must be some balance between market and government.U.S must leran this and ensure that recovery efforts do not get reduced to privatisation of profits and socialisation of losses on a regular basis.U.S must follow the economic policies of India.Dr.Manamohan Singh has built up a prudent economic policy bas in India

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