Confidence In Economy Is Rising, U.S. Economy Is Progressing, Says President’s Economic Advisor
“Recovery will take time and history suggests that there will be setbacks along the way,” said Lawrence Summers, Director of the National Economic Council and Assistant to the President on Economic Policy, but “the pervasive sense of fear of six months ago has receded” and “the American economy is again progressing.” (0:45)
July 17, 2009
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