On March 13, 2009 the Brookings Institution hosted Lawrence Summers, Director of the White House National Economic Council, for a discussion of the Obama administrations economic program and the prospects for the American economy.
“Transcript Larry Summers: Our single most important priority is bringing about economic recovery and ensuring that the next economic expansion, unlike its recent predecessors, is fundamentally sound and not driven by financial excess. Without robust and sustained economic expansion, we will not achieve any other important national goal. We will not be able to project strength globally or reduce poverty locally. We will not expand access to higher education or make health care more affordable. And we will not be able to create opportunities for new small businesses to thrive, or most importantly, to raise incomes for middle-class families.”
Related postings on financial system
