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Summers: Unemployment Will Remain ‘Unacceptably High’ for Years
September 11, 2009 6:30 PM
[source: http://blogs.abcnews.com/politicalpunch/2009/09/summers-unemployment-will-remain-unacceptably-high-for-years.html ]
In preparation for President Obama’s speech on regulatory reform on Monday — the one-year anniversary of the collapse of Lehman Bros. — Dr. Larry Summers, the chair of President Obama’s National Economic Council, today briefed reporters on the state of the economy and the administration’s policies.
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