about market

Foreign profits of U.S. firms could help at home, economists say

Gallery
From foreclosure to food shortages, the economic downturn set in motion by the financial crisis of 2008 is having a broad and deeply-felt global impact.

by Michael A. Fletcher and Jia Lynn Yang<
Saturday, September 25, 2010; 3:48 AM

As policymakers desperately search for ways to give the sputtering economy a jolt without deepening the nation’s budget deficit, some economists say an answer lies with the more than $1 trillion in U.S. corporate profits that reside overseas.

y Michael A. Fletcher and Jia Lynn Yang

Saturday, September 25, 2010; 3:48 AM

As policymakers desperately search for ways to give the sputtering economy a jolt without deepening the nation’s budget deficit, some economists say an answer lies with the more than $1 trillion in U.S. corporate profits that reside overseas.

Advertisements

About nalata60

just another writing...
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s