Obama's top economist: Oil price benefits near for U.S. economy
Posted on AllSides May 3rd, 2015
From The Left
The U.S. economy may not be benefiting as much as anticipated from the collapse in oil prices over the past 10 months. In fact, for oil-producing states, the decline of some 50% is taking a toll.
But one thing seems clear: The nation as a whole is nowhere near as susceptible to sharp swings in oil prices —
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