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Entries in Lawrence Summers (2)

Sunday
Feb032013

US Politics Analysis: Can America Overcome "Deficit Fear" to Deal with Unemployment?

Senator Patty MurrayFor the last two years, debate over the deficit has dominated political discourse in Washington, driven by a Republican majority in the House. Along the way voters’ main concern --- policies that create jobs --- has been sidelined as Democrats have concentrated on defending the entitlement programs, primarily Medicare and Social Security, that Republicans have targeted for reform.

However, that may be about to change. Senator Patty Murray, the Democratic Chair of the Budget Committee, is not as respectful of the need to build coalitions as her predecessor. Murray is a conviction politician, and she feels her middle-class constituency is being betrayed by a callous GOP caucus more interested in abstract arguments about deficit reduction than the human costs of a damaged welfare system.

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Monday
Sep132010

China This Week: Sino-US Talks; No More Iran Sanctions; Sea Tension with Japan; Ties with Myanmar

High-level talks strengthen Sino-US ties: Lawrence Summers, the head of President Barack Obama's National Economic Council, and Deputy National Security Adviser Tom Donilon visited China from 5 to 8 September, seeking to iron out touchy issues in bilateral relations.

President Hu Jintao called said during a meeting on Wednesday, "Further comprehensive development of Sino-US relations is more important than ever before, as the global economic recovery is facing a variety of unstable and uncertain factors. China and the US should view the bilateral relationship from a global and strategic perspective."

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