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R i g h t a r d i a

This blog is dedicated to progressive and liberal thought. It also discusses new technology, how technology affects privacy and developments in Russia, China, Eastern Europe and the Middle East. Rightardia fully supports the rights of workers to organize, the feminist movement, and all Americans regardless or ethnicity, sex or gender.It uses humor, satire and parody to expose conservative thought for what it truly is: BS! Rightardia contributes to the DNC, DCCC, DSCC and MoveOn.Org.

Monday, January 23, 2012

Al Jazeera English: The straits of America

Nouriel Roubini
Nouriel Roubini , professor of economics at NYU

"New York- Macroeconomic indicators for the United States have been better than expected for the past few months. Job creation has picked up. Indicators for manufacturing and services have improved moderately. Even the housing industry has shown some signs of life. And consumption growth has been relatively resilient.

But, despite the favourable data, US economic growth will remain weak and below trend throughout 2012. Why is all the recent economic good news not to be believed?"