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Obama adviser urges further moves to boost economy

Obama adviser urges further moves to boost economy

One of President Barack Obama's top advisers says it would be a mistake for the U.S. to rapidly wind down fiscal stimulus measures to bring down the deficit.
Christina Romer, head of the White House Council of Economic Advisers, advocated further measures such as fiscal relief for state and local governments and extension of emergency benefits for the long-term unemployed.
She says those are ways the U.S. aims to add oxygen to the "nascent economic recovery."
Romer spoke Thursday during a an annual meeting of the Paris-based Organization for Economic Cooperation and Development.


Updated : 2021-06-24 14:00 GMT+08:00