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Politics : The Obama - Clinton Disaster

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From: DuckTapeSunroof2/2/2009 5:20:54 PM
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GINGRICH: Economic crisis worse than pols admitting

Kansas City Star - 47 minutes ago:

WASHINGTON | Former House Speaker Newt Gingrich said today that the US economic downturn is much worse than political leaders admit and predicted the recovery will take three to five years.

The financial meltdown points to “a much more profound problem than people think” as American industries and education have lost ground to China and India, Gingrich said.

The former Georgia lawmaker told a reporters’ breakfast that the one upside to the crisis is that it might prod reform.

“This is frightening enough that you could have a genuine national conversation about fundamental change,” he said....

primebuzz.kcstar.com
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