Brief "Investment" and Obama's First Budget
The Government We Deserve
C. Eugene Steuerle
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President-elect Obama's chief in-house economic advisor Larry Summers suggests in a recent Washington Post piece that the new Administration will put a lot of effort into addressing long-term growth challenges, not just short-term policies that generate consumer spending. How? Through "investments." To make sure we get the point, Summers uses that word or some variation 12 times.
Research Areas Taxes and budgets
Tags Federal budget and economy