'Obama’s plan may lead to excessive control by government'
Published: 10 February, 2009, 22:53
TAGS: Interview, Obama, USA, Economy
The US senate has passed an economic recovery plan proposed by President Obama. Diana Furchtgott-Roth of the Hudson Institute thinks some points in the plan will lead to excessive state interference in private business.
Over eight hundred billion dollars have been earmarked to help America's ailing economy. But many Republicans remain opposed to the plan, saying the spending will not be properly controlled and will lead to greater debt in the future.
‘Markets need certain state regulation’President Barack Obama will soon find out whether his proposed economic stimulus package will be passed by the U.S. Senate. Concerning the issue of state intervention in markets, James Pinkerton from the New America Foun |
US Senate passes rescue plan, tough battle aheadThe U.S. Democratic-controlled Senate has passed an economic recovery plan proposed by President Barack Obama. $US 838 billion have been earmarked to help America's ailing economy. |











