White House walks back threat of double-dip recession [View All]

[Enrique]

do they write scripts for these good cop bad cop routines? Do they rehearse?

http://www.theatlantic.com/politics/archive/2010/12/giving-on-taxes-in-10-white-house-promises-fight-in-12/67880/

(...)

Goolsbee walked back comment by Larry Summers, an outgoing White House economic adviser, that failure by Congress to okay the tax deal could cause a "double-dip" recession.

Goolsbee said only that passing the bill would help the economy.

"I don't think we should get into the semantics how much it raises the probability of double-dip," he said.

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