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Greenspan, Summers Are Optimistic About Economy

Greenspan, Summers Are Optimistic About Economy

Former Federal Reserve Chairman Alan Greenspan and former Treasury Secretary (and current White House adviser) Larry Summers expressed confidence in the economy, offering soundbites like "There is a momentum building up which is really just the beginning, and it’s got a way to go" (from Greenspan) and "Now the process of job creation has started, we expect it will accelerate" (from Summers) on ABC's This Week. Greenspan also said that the chances that the economy will retrench "have fallen very significantly in the last two months." more ›

Larry Summers: "Everybody Agrees The Recession Is Over"

Larry Summers: "Everybody Agrees The Recession Is Over"

Larry Summers, current Obama White House economic adviser (and former Treasury Secretary under Clinton), appeared on This Week and said, "Everybody agrees the recession is over"—though unemployment could continue to climb. even though many experts predict unemployment could climb higher. The AP reports, "Summers says key indicators have shown that the economy is beginning to expand again and that job creation probably will follow... He acknowledges it will take 'substantial time' before the economy recovers entirely. But he says that 'what we can take satisfaction from is we've walked back from the brink.'" more ›

Elder Heckler and the Ghost of Larry Summers Live from the 92nd Street Y

Elder Heckler and the Ghost of Larry Summers Live from the 92nd Street Y

Graphic designers tend to be an even-keeled lot, unless you mess with their precious Futura typeface plans. So at Monday night’s The Art of the Book: Covers With Dave Eggers, Chip Kidd and Milton Glaser, moderated by designer Michael Bierut at the 92nd Street Y, we weren’t surprised that book jacket designer and author Kidd made nice with Panelist Four – a man well into his senior years who boosted the show from the first row. more ›

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