Strauss-Kahn: Beware the recovery

Posted By Joshua Keating Share

IMF maganing director Dominique Strauss-Kahn, who is currently giving a preview of this week's G-20 meeting, echoes his organizations forcasts by predicting a return to global economic growth in the first half of 2010. But -- noting the lag between economic recovery and improved employment -- he stresses that it doesn't mean things are getting better for everyone.

If you look at somebody who’s going to lose his job in november this crisis isn't behind him, it’s right in front of him.

Strauss-Kahn also worries that the improving GDP numbers will make it harder to get world leaders to make the kind of agrements that are necessary for future growth:

It is much easier to have concensus when people are scared as they were [soon after the crash.] We have to work to have the concensus going on.
 
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DON BACON

6:29 PM ET

September 22, 2009

This reminds me of the cartoon

back when Clinton was triangulating. In the cartoon Clinton was giving a speech, talking about the million jobs he'd created while a waiter holding up a big tray mutters "Yeah, and I've got three of them."

 

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