Robert Mundell Sees `Double-Dip Slowdown,’ No Recession

August 25, 2011

Robert Mundell talks about the U.S. and European economies and Federal Reserve policy. He speaks from Lindau, Germany, with Francine Lacqua on Bloomberg Television’s “Countdown.” Nobel laureate Robert Mundell said he doesn’t expect the U.S. or Europe to slide into recession again. “I think we’re in a double-dip slowdown, I don’t see a recession coming,” Mundell told Francine Lacqua on Bloomberg Television’s “On The Move” today from in Lindau, Germany. Mundell, who is professor of economics at Columbia University in New York, also said that the U.S. should cut its corporate taxes and make permanent the tax cuts enacted by former President George W. Bush to boost its economy [Bloomberg]

Previous post:

Next post: