Summers: Obama stimulus aimed at long term too (Reuters)

US President-elect Barack Obama walks over to greet a crowd of onlookers after working out at the Semper Fit gym on Marine Corps Base Hawaii in Kailua, Hawaii December 27, 2008. (Hugh Gentry/Reuters)Reuters – Spending government money solely to stimulate consumer spending would be a short-sighted mistake, one of U.S. President-elect Barack Obama’s top economic advisers said on Sunday.

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