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Lawrence Summers on The Economy: We're Not Doing Enough Print E-mail
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Sunday, March 23, 2008

Sunday Morning Mashup of FOX NEWS SUNDAY:
LAWRENCE SUMMERS
March 23, 2008

Democratic economist Lawrence Summers gives some possible solutions the government can take to ease the economic situation.

Lawrence Summers on the Economy
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"We're not spending enough to help people get credit counseling to avoid foreclosure...We're not doing enough to support state and local governments whose tax bases are being eviscerated by the process of foreclosure. We've got a bankruptcy code where if somebody's vacation home gets in trouble, they get more protection from the bankruptcy code than if a working person's principle residence goes underwater."

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From United States Department of the Treasury Official Website

NAME:

Lawrence Summers

PARTY AFFILIATION:

Democrat

BORN:

November 30, 1954 (Age 53)

POSITION AS OF March 23, 2008:

Econimist

POSITIONS HELD:

Secretary of the U.S. Treasury
Undersecretary for international affairs
Deputy Secretary of the Treasury
Chief economist of the World Bank
President of Harvard University

ADDITIONAL INFO:

Has Bachelor's degree from Massachusetts Institute of Technology and Ph. D from Harvard
Was the Nathaniel Ropes Professor of Political Economy at Harvard University

SOURCES:

United States Department of the Treasury Official Website

BOOKS BY GUEST:

Tax Policy and the Economy, Vol. 1

Curbing Predatory Home Mortgage Lending: A Joint Report

Investing in All the People: Educating Women in Developing Countries (E D I Seminar Paper)


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Last Updated ( Saturday, March 29, 2008 )
 
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