p.a Posted January 7, 2010 Report Posted January 7, 2010 WASHINGTON, Jan 5 (Reuters Breakingviews) - White House economic chief Lawrence Summers is the target of a whispering campaign within his own party. His detractors blame his deficit-phobia for a skimpy stimulus and resulting jobless recovery in the United States. That's misguided -- the controversial economist instead deserves praise for fiscal sanity. Commonsense policy is often the first victim in an election year. Many Democrats fret that a toxic tandem of so-so economic growth and stubbornly high unemployment could result in huge losses in congressional elections in November. http://www.iii.co.uk/news/?type=afxnews&am…;action=article
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