Wednesday, February 20, 2008

Depression

Who don't have a wish to visit USA?! Ok, maybe it isn't everybody's wish but most of us who have never been there before, would like to go there. It is center of shooting, shopping, home of popular persons etc. Everyday we can read about some news concentrated from USA or watch some American's movies. In these days we can read about it a lot because newspapers are full of information about American economy. To be honest I am not professional but I would say that it could be the strongest economy of the world. It was like this but today it isn't anymore. Economy is in depression. All analysts, economists try to find something what could change this situation. It is quite difficult because of deficit about 250mld USD and it is still expected to reach for this year and next. President Bush also try to do something for it. On Monday he will present his budget for the new fiscal year to Congress, where it is unlikely to gain much traction in the midst of a presidential campaign. He has promised a plan and by this way he will try to erase the budget deficit by 2012. Then he will propose about 178 billion USD in savings from Medicare over five years. Deficit could decline by this plan but there are also some people against it. David M. Walker, the U.S. comptroller general said that runaway health care costs was only one thing that could bankrupt America. Maybe people don't realize it but there are a lot of thing which depend on America and its economy, for example the prices of oil or employment.

Edited by Iveta Nagyova

Cantell TV
These news are brought to you by CantellTV, it's technology partner SigEx Telecom and it’s founder Christopher M. Cantell. CantellTV is the fastest growing provider of digital broadcasting coupled with enhanced communications, allowing people to easily control, view, upload and share digital content through proprietary interface. CantellTV has relationships with a growing network of international clients delivering millions of videos per day with more than 50,000 new videos uploaded and 200 hours of new TV shows broadcasted daily to a wide range of viewers, from 5 to 7 year olds of LiveCartoons; to 16 to 24 year old active social users of MyJumps; to fortune 50 corporate clients utilizing enhanced broadcasting services. CantellTV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers.