Originally published on Fri June 1, 2012 2:38 pm
The sputtering U.S. economy isn't just bad news for America, it's a drag on the global economic outlook as well.
"What matters to the rest of the world is the amount of demand the United States is going to generate," says economist Eswar Prasad, a professor of trade policy at Cornell.
"Weak job growth translates to weak domestic demand in the U.S., and that concerns all of the U.S.'s major trading partners," he says.
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