PHOTO :Professor Edward Deak of Fairfield University chats with Jim Shattuck, vice chair of the Greenwich Chamber's member services and Chuck Zoubek, Chamber board member. (Julie Ruth/ Greenwich Citizen)
President Obama's stimulus package will not correct recession contagion rattling jobs, toxic home mortgages and 169 town and city governments in Connecticut, 65 folks attending a Greenwich Chamber of Commerce luncheon were told Friday at the Field Club.
The telling was done by Edward Deak, Ph.D., Fairfield University economics professor. He coughed out statistics with machine-gun rapidity as he soldiered on to put billions of dollars in the new President's economic rescue plan in perspective.
"I think we have a long way to go to get out of this," Barbara Devine, senior vice president of Patriot National Bank in Greenwich told the Greenwich Citizen after Deak sized up "U.S. Macroeconomic Outlook: Obama and CT + 1 Month." Her prognostication was on the same page as the professor's.
Full Story: http://www.greenwichcitizen.com/topstories/ci_11791899
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