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Summers on recession
Former Treasury Secretary Lawrence Summers is the latest voice to chime in with recommendations for the government on how to avoid a recession. He said the administration needs to think about a $50 billion to $75 billion tax cut and spending package. Summers also wants to see more aggressive action from the Fed. He made the comments to the Wall Street Journal ahead of a speech today to the Brookings Institution.
Posted on December 19, 2007 5:42 AM PT | Permalink
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Marketplace Confessional
I've just listened to Mr. Stein's concern for the poor working man. No doubt he drove his Bronco to the station to make his plea for the common man. Honestly, Ben Stein weeping for the common man's fate? After my sides stopped hurting from laughing ...
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