Lawrence Summers
Lawrence Summers
Lawrence Henry "Larry" Summersis an American economist who is President Emeritus and Charles W. Eliot University Professor of Harvard University...
NationalityAmerican
ProfessionPolitician
Date of Birth30 November 1954
CountryUnited States of America
establish expect next offering regular schedule securities
By the end of next year, we expect to establish a regular schedule for offering inflation-indexed securities with maturities of five, 10 and 30 years,
europe growth performance require stronger structural
In Europe, the stronger growth and reductions in unemployment are now arriving, ... But for better performance to endure, Europe will require substantial structural reforms.
along increases living possible standards
Increases in capacity, along with improvements in productivity performance, have made possible increases in living standards without inappropriate inflationary pressures,
businesses concern consumers countries developing hit oil potential price rise sharp
sharp rise in the price of oil is an important concern for consumers and businesses around the world, and has the potential to hit developing countries particularly hard.
irs needs responsive technology
The IRS needs to be more responsive to taxpayers, to use technology more effectively and to be more efficient,
ability efficient faces hamper irs multitude private provide sector
The IRS faces a multitude of restrictions -- restrictions that would be unacceptable in the private sector -- that hamper its ability to provide efficient service,
instead poor rich targeting
Instead of targeting the rich Zip Codes, we're targeting the poor Zip Codes.
affluent background classes means prep sat score student
An SAT score means one thing if the student comes from an affluent school, where there are SAT prep courses, and a very different thing if the student comes from a disadvantaged background where there was no SAT classes of any kind.
clear commitment poor targeting
TARGETING POOR ZIP CODES. This is a clear and unambiguous commitment.
attacks damaging darker face majority organized terrorists tools vast
As damaging as these attacks have been, the vast majority were conducted by disgruntled individuals, ... We face a future, though, where criminals, terrorists or even nation-states may use the same tools in a more organized way for darker purposes.
borrowing costs dollar
As long as we keep our fundamentals strong...the dollar (and) U.S. borrowing costs will do just fine.
caught equally opposite true
It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today.
access bad break cannot countries financing habit private ready source welfare
It should not be a source of low-cost financing for countries with ready access to private capital, or long-term welfare for countries that cannot break the habit of bad policies,
both dollar national secretary strong
As Secretary Rubin and I have both said many times, a strong dollar is very much in America's national interest,