Larry Summers - Page 5

Obama’s First Economic Chief Says One-Third Of Men Will Be Jobless

President Barack Obama’s first economics deputy says current US. economic policies would leave one-third of working-age men unemployed in 2051. Roughly 10 percent of American “prime age” men, or 7 million men aged 25 to 54, have dropped out of the nation’s workforce of 150 million. They are not trying to get jobs and are unemployed because of policy decisions, not because of technology.

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Summers: No Greater Threat To U.S. Prosperity Than Trump

Wednesday on Fox Business Network, former Clinton Secretary of the Treasury and former Obama National Economic Council chairman Larry Summers called the potential presidency of presumptive Republican presidential nominee Donald Trump a “threat to our prosperity.” Summers said, “It scares me. I

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