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
chairman chance course economists expansion face massive nobel risky six tax time
If we can do those things, we have a chance to keep this expansion going. But this is not the time to take what (Federal Reserve) Chairman (Alan) Greenspan, what six Nobel prize-winning economists have said would be a very risky course with a massive tax cut. We're not going to let it happen, ... Face The Nation.
century last time
There has not been a time in the last century where there has been so much misunderstanding of the US and so much misunderstanding by the US of the world,
critical economic expansion government moment people plan strong time
The government has done its part, now it's time that people do their part, ... We have never, in our country, had a moment of economic expansion as strong as the present. So right now it is critical to plan for future.
behavior both element enters factors freely hoarding influence market medium oil question respect run seen short time trading
We've seen some indications that there may be some hoarding behavior, but there are many, many factors that influence oil prices, both with respect to the short run and over the medium term, ... But there's no question that -- as in any freely trading market -- there's a psychological element that enters in from time to time.
ensure strengthen time
Now is the time for us to strike. We must strengthen our foothold in Asia, to ensure no nation overtakes us.
analyze avoid best countries create might past room situation
These developments create a situation where I think there is more room than there might have been in the past to sit back and analyze what it is that happened, and think best about how in all of our countries we can avoid a recurrence of such problems,
families imperative national personal raising savings
Raising personal savings is an imperative for American families and an imperative for the national economy,
depends future people relations shape success
The success of the India-US relations depends on connections in other fields. The experiences of young people will shape the future of the India-US relations.
account budget current deficits demand economy economy-and-economics forward global source unbalanced
U.S. budget and current account deficits are very important contributors to an unbalanced global economy, while the U.S. deficit has been a source of demand that has propelled the global economy forward for some years now.
build confidence create foundation indonesia prosperity strong
to take strong steps... to create confidence and to build on the very strong foundation for prosperity that Indonesia enjoys.
advantage bank granted powers president rating
The president has set a principle: No bank with an unsatisfactory CRA rating could take advantage of any of the powers granted by this deregulation,
budget certainly clear forward measure measures medicare paying president progress risk security sign social steps
The president has made it very clear that he will not sign any budget measure that doesn't put Social Security and Medicare first, that doesn't take those steps forward (and) certainly any measures that would put at risk the progress we've made in paying down the debt,
adjustment balanced believe countries expansion exports global increased needs public rather reduced
We believe the global expansion needs to be balanced up, not balanced down, ... An adjustment should take place in our countries through increased public savings. Internationally, there needs to be an adjustment through an increase in exports rather than reduced imports.
budgeting capital environment information irs planning projects rational technology
Today, the IRS operates in a low-trust, short-tether budgeting environment, ... This makes rational planning for capital projects such as information technology very difficult.