Top Economic Advisor: U.S. Back from 'Brink of Catastrophe'
301 views · Published 20 July 2009 · 2:53 · Indexed 20 September 2026
Channel: Voice of America · 2009 · News & Politics
A top economic advisor to U.S. President Barack Obama says the country's economy has pulled back from "the brink of catastrophe." National Economic Council Director Lawrence Summers said Friday [July 17th] the American economy has made "substantial progress," after starting the year in a "free fall." Summers defended the president's economic stimulus package, amid the latest unemployment reports. Robert Raffaele has more.
