Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: locogringo who wrote (134528)	6/6/2012 1:19:07 PM
From: joefromspringfield	5 Recommendations Read Replies (2) of 224704

Loco Do you think Kenny agrees with President Clinton and Larry Summers that we must extend the Bush tax cuts? Lawrence Summers, who led the White House National Economic Council in early years of the Obama administration, said Congress should temporarily extend tax cuts set to expire at the end of the year. "The real risk to this economy is on the side of slow down, certainly not on the side of overheating, and that means we've got to make sure that we don't take gasoline out of the tank at the end of this year," Summers said on MSNBC, "that's gotta be the top priority." "We've got to make sure that we keep providing energy to the economy. In the areas where we have done that, like manufacturing, with the support for the automobile industry, we haven't had great results, but we have had much better results," Summers added. The comments come less than 24 hours after former President Bill Clinton told CNBC that he also thinks the tax cuts that were a signature domestic achievement of President George W. Bush should be temporarily extended. cbsnews.com

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