Feb 8, 2013

US Economy: The Positives vs. The Fiscal Drag

"There are some positives in the U.S. this year. You have QE, you have housing, you have the shale gas, you have some recovery in jobs in manufacturing. But between the January fiscal deal and probably "the sequester," or something similar, we might have a $300 billion fiscal drag this year." - in CNBC

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Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.