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G-8 Leaders Lock Arms on Stimulus Plans

 

How many G-8 leaders does it take to tell us the economy is still in danger? Apparently, eight. Now what are the leaders, who are meeting in L'Aquila, Italy, going to do about it?

It's more like what aren't they going to do. The leaders said it is too soon to begin rolling back fiscal stimulus plans, and announced their opposition to efforts to do so within their home countries.

In a statement, G-8 leaders said they are noticing some signs of stabilization, but that exit strategies from growth packages should only come once a full recovery is certain. ...

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