Скачать или смотреть Josh Boak & Peter Morici Round Table

Peter Morici and Josh gave their views on Greece’s financial crisis, DC jobs, and surplus gas money during this week’s Round Table discussion with Rebecca Cooper.

Greece:
• Buried in debt, Greece will never have the money or growth potential to pay their way out of it, Morici asserts
• Greece will have to exit the Euro system, which sets a precedent for other countries with austerity issues
• While Greece’s departure will not rock the US market, the same situation with Italy or Spain may
DC Jobs:
• Job growth in DC’s suburbs is stagnant
• Drop in government spending is to blame
Gas money:
• Gas prices were down, yet spending has been flat
• Consumers are figuring out what to do with the extra money