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โพสต์โดย Taylor » ศุกร์ 09 มี.ค. 2018 8:33 am

WASHINGTON cheap adidas nmd high tops sale , Dec. 9 (Xinhua)-- A more responsible fiscal plan which combines short-term stimulus with long-term debt reduction would free the U.S. central bank from its current disproportionate burden of boosting the economy with unclear effectiveness, said an U.S. economist on Monday.

"The Federal Reserve is pursuing a very risky monetary policy," said Martin Feldstein cheap adidas nmd high tops , a professor of economics at Harvard, in an article published by the New York Times.

The Fed's strategy has been to stimulate the economy by driving down long-term interest rates through amassing long-term bonds and pledging to keep short-term interest rates near zero, but "the magnitude of the effect has been too small to raise economic growth to a healthy rate cheap adidas nmd city sock sale ," said Feldstein, who served as chairman of the Council of Economic Advisers under former U.S. President Ronald Reagan.

"While doing little to stimulate the economy, the Fed's policy of low long-term interest rates has caused individuals and institutions to take excessive risks that could destabilize the economy just as it did before the 2007-2009 recession cheap adidas nmd city sock ," he added.

As job growth has strengthened in recent months, the Fed is expected to scale back its bond buying in the coming months, but Feldstein hold that the Fed is "unwittingly" encouraging private investors and institutions to continue to take risks by promising to keep long-term interest rates "abnormally low."

He said although the House-Senate conference committee on the budget may be close in on a compromise which would limit the across-the-board budget cuts known as the sequester and prevent another government shutdown cheap adidas nmd chukka suede sale , the modest deal would not produce the kind of long-term fiscal policy needed to achieve strong income and employment growth.

"To get the economy back on track, President Obama should propose, and Congress should enact cheap adidas nmd chukka suede , a five-year fiscal package that would move the growth of gross domestic product (GDP) to above 3 percent a year and focus on direct government spending on infrastructure," he said.

Feldstein said combining a major short-term fiscal stimulus with long-term deficit reductions that would cause the ratio of debt to GDP to begin declining by the end of this decade would allow the Fed to stop trying to shoulder - with increasing futility - the burden of saving the economy all by itself.

  MAPUTO, April 7 (Xinhua) -- Mozambican health authorities said in central Zambezia province on Thursday that investments registered in the health sector have contributed to increase in the country's life expectancy from 42 to 53 years in the last 10 years.

  According to the Deputy National Director of Public Health, Quinhas Fernando, the increase in the number of health units, training and distribution of qualified health staff such as doctors are among the reasons behind this improvement.

  There are also the annual vaccination campaigns carried out by the Health Ministry to prevent children from getting diseases, as well to reduce the number of children who die under the age of 5, mobilization of the community to campaigns for prevention of diseases such as cholera and malaria.

  According to the Maputo daily paper Noticias, 75 percent of the country's population now have access to health units.

  The number of health units in rural areas where the majority of the Mozambican people live rose to 1,400 last year compared to 450 in 1975 when the country gained independence.

  Health authorities have continued with investments in the sector to reach more people who are forced to walk long distances to access a health unit. The authorities have also created services in the rural areas that will help decentralize the hospital such as the provincial hospital in Quelimane, the capital city of Zambezia Province.

  As part of this process, the country's Health Minister, Nazira Abdula, has inaugurated four new laboratories which will decentralize the services that were only possible in the hospitals. Enditem

NBA superstar LeBron James' face image is covered over with black spray-paint in a mural of the championship team in the Wynwood district of Miami, Florida July 11 , 2014. LeBron James is returning to the Cleveland Cavaliers four years after he left his home state to join the Miami Heat, he said on Friday. [PhotoAgencies] Cleveland Cavaliers LeBron James pauses during play against the Boston Celtics during the second quarter in Game 3 of their NBA Eastern Conference playoff basketball series in Boston in this file photo taken May 7, 2010. James is going home by signing with the NBA's Cleveland Cavaliers cheap adidas nmd sale , he said in an article in Sports Illustrated on Friday. [PhotoAgencies]

LeBron James is returning to the Cleveland Cavaliers four years after he left his home state to join the Miami Heat, he said on Friday.

The NBA's biggest star made the announcement in a first-person essay published in Sports Illustrated. It came in stark contrast to his televised decision four years ago for which he was heavily criticized.

Under a banner headline "I'm Coming Home", James explained his decision to go back to Cleveland after leading a star-studded Miami Heat team to two NBA championships and four Eastern Conference titles.

"Before anyone ever cared where I would play basketball cheap adidas nmd shoes , I was a kid from Northeast Ohio. It's where I walked. It's where I ran. It's where I cried. It's where I bled. It holds a special place in my heart. People there have seen me grow up," James wrote.

"I sometimes feel like I'm their son. Their passion can be overwhelming. But it drives me. I want to give them hope when I can. I want to inspire them when I can. My relationship with Northeast Ohio is bigger than basketball. I didn't realize that four years ago. I do now."

Along with nestling back among his fellow Ohioans, James will be warme. Cheap Jerseys Cheap Jerseys Cheap Jerseys China Cheap Wholesale Jerseys Cheap NFL Jerseys China Cheap Authentic MLB Jerseys Cheap New NBA Jerseys Wholesale Jerseys Wholesale Jerseys China Wholesale Nike NFL Jerseys
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