Bloomberg News

Summers Says ‘Almost’ Every Economic Indicator Favorable

February 05, 2012

Feb. 5 (Bloomberg) -- Larry Summers, a former economic adviser to the Obama administration, said “almost every indicator on the economy is favorable” while Glen Hubbard, an adviser to the Romney campaign and the former chairman of the Council of Economic Advisers under President George W. Bush, said Obama is “standing in the way” of a recovery.

Both former officials appeared today on ABC’s “This Week.”

To contact the reporter on this story: Cheyenne Hopkins in Washington at

To contact the editor responsible for this story: Fred Strasser at

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