Nation's Capital Is Recession-Proof
243 views · Published 6 October 2008 · 2:08 · Indexed 20 September 2026
Channel: Voice of America · 2008 · News & Politics
Despite warnings of dire consequences to the economy, the U.S. Congress was slow to act to shore up the financial system. Perhaps one of the difficulties was convincing lawmakers in Washington, DC that the crisis needed immediate fixing because life in the nation's capital is somewhat insulated from sharp economic downturns. VOA's Brian Padden talked to business leaders in Washington who say confidence in the local economy is strong.
