By Matt Collette | news @ Northeastern | September 14, 2012
President Obama and Republican challenger Mitt Romney are rarely in the same place, either physically or politically. But on Wednesday, economic experts who have advised both men shared the stage to discuss the faltering global economy and the role of federal policy in addressing the crisis.
“At just about any point since the Second World War, the question was always quite clear and you knew what the problems was,” said former Harvard University president Larry Summers, an economist who headed the U.S. Treasury from 1999 to 2001 under President Bill Clinton and served as economic adviser for President Obama until 2010. “What stands out at this moment is that you can listen to a discussion of something like the deficit and there are two major cross-cutting themes.”
Summers and Romney’s economic adviser, Greg Mankiw, the former chair of President George W. Bush’s Council of Economic Advisers, discussed the economy on Wednesday evening as part of the Open Classroom series sponsored by the School of Public Policy and Urban Affairs. The lecture series — The 2012 Election: Policy Advice to the President — will be held every Wednesday from 6 to 8 p.m. in 20 West Village F throughout the semester and is open to the public. Read More