Save only 700 billion can America

Save US economy can only infusion into it an additional $ 600 - $ 700 billion.According elected US Vice President Joe Biden is the only possible way out.Save US economy can only infusion into it an additional $ 600 - $ 700 billion.According elected US Vice President Joe Biden is the only possible way out.

condition of the economy, Biden said, "it is even worse than previously thought," and in the short term, there is no other purpose but to save the American economy from collapse.To this end, the incoming US administration will need to create new jobs and reduce the number of cuts.

Obama expressed more softly, he said, the positive changes in the US economy may come to pass soon.Speaking on Friday at the end of the formation of the new administration, the president-elect noted that the results of its policy show up, "possibly through the years, not in months."

before a new US administration is very, very difficult task: the president of the team starts to work in the most difficult time for the US ec

onomy from the 1930s, when the country was raging Great Depression..Some experts believe that the country has entered a deflation characterized by slowing activity in the monetary market, a decrease in output and a significant rise in unemployment.

Nevertheless, to give up the new government is not going, Obama promised the first thing after taking office to take the next bailout package aimed at stimulating the economy.At the Federal Reserve almost no tools to deal with the crisis, therefore, the initiative of the president is almost the only remaining option.US media, citing an anonymous source assured that the administration of a new president is preparing a large-scale anti-crisis package worth $ 1 trillion.

Recall a few days ago, 17 December, the US Federal Reserve decided to lower the discount rate from 1% to 0.25%.Authorities hope that this step will encourage an increase in economic activity, as would entail a corresponding reduction in interest rates on consumer loans and loans to small businesses.However, experts point out that even as the Fed's aggressive actions will not be able to stop the decline of the American economy.