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OPINION

Summers calls for new boost to economy

Townhall Staff
Townhall Staff | Jun 13, 2011
The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
WASHINGTON (Reuters) - Former White House aide Larry Summers on Sunday urged expanded tax cuts on U.S. workers' wages, warning that America's economy was at risk of years of Japan-style stagnation without a further boost.
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In an opinion piece published by Reuters on Sunday, Summers -- a Harvard professor and former Treasury secretary under President Bill Clinton -- argued that it would be "premature" to withdraw fiscal support for the economy at the end of 2011.

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