Eugene David
...The One-Minute Pundit

Friday, February 13, 2009


Obama economics adviser Larry Summers cautioned against raising expectations too high.

"I think this is a key part of what's going to be a multipart strategy to contain this decline," he said. But Summers added that the problems "weren't made in a week, a month, a year. It's going to take time to fix." He said it should not be considered a "silver bullet," or panacea for deeply rooted business woes.


TRANSLATION: If he weren't part of The One's team....

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