Summers: U.S. government should stimulate demand

Note: This section contains information in English only.
Source: Bloomberg
Lawrence Summers, the former Secretary of U.S. Treasury, said on Monday that the country's government has to support internal demand, pointing out that this sector of U.S. economy is the most important. Demand-increasing policy may decrease unemployment and increase GDP. Moreover, Summers is confident that the largest economy in the world will avoid default on its debt.
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Tue, 15 Oct 2013 10:51:08 GMT

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