Is The U.S. Heading Toward A Deeper Downturn?
Blog May 6, 2014
Is the U.S. Heading Toward a Deeper Downturn? by WSJ_Live
Lakshman Achuthan Debates The Fact That The Recent Economic Slowdown Was Due To The Very Harsh Weather on WSJ Live:
-“I was told that we would be adding 300,000 jobs a month every month this year on average and that was in January…and it really isn’t playing out that way.”
-“Look, obviously if the weather is bad you cant go out and buy a sweater or whatever and you’ll stay home and maybe you’ll shop online or something but if you look at that, those numbers were very dismal too, so there is something that is going on that is bigger than the weather.”
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