According to Larry Summers we can all rest easy about the state of the economy these days. As proof of the stimulus success Summer points to the “Economic Depression” Google searches down numbers. Really? Google has now become an indicator of the state of the economy? I thought rising unemployment numbers were a good indicator of the state of the economy, but that’s just me.
Summers is the director of the Obama Administration’s White House National Economic Counsel. He has been on the front lines for the President seeking to combat the rising concern in America that the multi-billion dollar “stimulus” package hasn’t helped improve the economy. The video below is from the early days of the debate on the stimulus package and it was touted as a plan to improve employment in the nation.