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2012 Archives

The US Economy


The following ran on the June 13, 2013, edition of China Radio International. Law Professor John Attanasio provided expertise for this story.

June 15, 2012

The United States' economy is the largest in the world. Its imports drive developing economies. Its high-tech exports set the pace for technological development. And its economic problems drag the world into crisis. But after the chaos of the financial crisis, the US economy is growing. Its consumer spending is up. And its private sector profits have grown to near pre-crisis levels. Yet a key measure of economic success, unemployment rate, has remained stubbornly high, which is spreading fear. As a result, President Obama has come under fire. His approval rating has slipped with almost two thirds of Americans saying the economy is on the wrong track.

Panel discussion:
-Jiang Chengzong,Former Secretary General of the China National Committee for Pacific Economic Cooperation and now advisor for the CNCPEC.
-Patrick Chovanec, Professor of Practice in the School of Economics and Management at Tsinghua University;
-John B. Attanasio, the Judge James Noel Dean and Professor of Law and the Judge William Hawly Atwell Chair of Constitutional Law at Southern Methodist University Dedman School of Law. ...