More Bad News For Democrats
Not only is the US economy booming, but so are the economies of all of our allies.
America and its wealthy allies expressed optimism yesterday about the global economy, saying overall prospects have improved despite worries about rising oil prices and violence in the Middle East.
The Group of Seven major industrial countries — the United States, Japan, Germany, France, Britain, Italy and Canada — struck an upbeat tone while acknowledging the risks.
They said they stood ready to provide financial assistance in the Middle East, hoping efforts to improve the prospect for jobs will help to stabilize what is now a deteriorating security situation.
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