Dare we take note?

Michael Taft26/05/2010

Michael Taft: Lawrence Summers, Director of President Obama’s National Economic Council, is articulating sound economic common sense(thanks to Michael Burke for the heads up on this):

‘It is not possible to imagine sound budgets in the absence of economic growth and solid economic performance.’

And

‘Appropriate short-run expansionary budget policy can make an important contribution to establishing the confidence necessary for sound growth.’

And

‘(It is) impossible to sensibly address either unemployment or long-run fiscal challenges in isolation.’

Anyone in the Irish Government want to take note?

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Michael Taft     @notesonthefront

Michael-Taft

Michael Taft is an economic analyst and trade unionist. He is author of the Notes of the Front blog and a member of the TASC Economists’ Network.


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