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Harvard Institute of Politics: The State of the US Economy

Harvard University President Lawrence H. Summers discussed “The State of the Economy” with Professor of Public Service and Co-director of the Center for Public Leadership David Gergen.

Professor Summers discussed the implications secular stagnation, a phenomenon that he argued will continue to restrain U.S. economic performance, especially given lower labor participation rates and near-zero interest rates. He further discussed the impact that technology will have on our economy in the long term.