On Tuesday the U.S. Treasury Secretary Timothy Geithner stated that the U.S. economy is on the upswing, and that the government needed to work at ensuring a balanced recovery, Reuters reports.
“We are at the very beginnings of this recovery … We need to make sure that we keep at this, so we have in place a recovery that is going to be self-sustaining, led by private demand, (and) a financial system that can actually provide the credit that is needed,”
This is good news for Gen Y’ers who were just beginning to enter the stock market and the business world when the economy began its descent into madness.
Already it has been reported that Gen Y’ers are less likely to take risks than other generations when it comes to the market. An economic upswing could be exactly what this generation needs to jump in and bring back an economic boom.
So how about it? Do you believe the words of Timothy Geithner? Is our economy starting to get back on track? Weigh in by posting a comment in the comments section below!
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