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Romer V. Summers

June 09, 2010

CHRISTINA ROMER, Chair of the Council of Economic Advisers:
 “By mid-2010, fiscal stimulus will likely be contributing little to growth.” (October 22, 2009)

LARRY SUMMERS, Director of the National Economic Council:
“Given fiscal lag, the Recovery Act is still gaining force and having increasing impact.” (June 8, 2010)

Source: “The Job Impact of the American Recovery and Reinvestment Plan” (i.e. the Administration’s January 2009 Romer/Bernstein Report) and BLS data.