"Summers trumpets encouraging signs" by Jim Kuhnhenn, Associated Press | July 18, 2009
WASHINGTON - President Obama’s top economic adviser has new cause for optimism. Back in January, Lawrence Summers said, Google searches for “economic depression’’ had increased by a factor of four. Today, the searches are back to pre-crisis levels. For Summers, that is an economic indicator worth noting....
See that big pile of crap in front of you, 'murkn? Here is the knife and fork.
Compassionately donated by Larry here.
Summer’s upbeat tone, delivered in a speech to a Washington think tank, comes as the administration approaches its sixth month in office and as the public and members of Congress are becoming restless with Obama’s economic policies. The administration is calling for patience to let its initiatives take hold.
Which think tank because the article NEVER IDENTIFIES THEM!!!
Why the CENSORSHIP, Globe?
Summers had other causes for optimism: The pace of economic contraction is slowing. Wall Street institutions that received government assistance are showing unexpectedly better earnings.
And HE is going to BENEFIT from such -- or his friends are!!
On the other hand, unemployment climbing higher - at 9.5 percent now and expected to rise above 10 percent....
But LARRY is optimistic, so everything's great!
