From Larry Summers:
From Christina] Romer: "Asked by moderator David Gregory if the recession were over, [White House economic adviser Christina] Romer shot back: 'Of course not. For the people on Main Street and throughout this country, they are still suffering, the unemployment rate is still 10 percent.'"
The President’s top economic advisor, Larry Summers, told me that “by spring employment growth will start turning positive.”
During my "This Week" interview, Summers said that “everybody agrees that the recession is over,” but he did not say when the unemployment rate could be expected to drop further. . . .
From Christina] Romer: "Asked by moderator David Gregory if the recession were over, [White House economic adviser Christina] Romer shot back: 'Of course not. For the people on Main Street and throughout this country, they are still suffering, the unemployment rate is still 10 percent.'"
Conflicting views of the Obama administration on economy
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Oleh
abudzar
