America needs investment in its infrastructure. We need someone to invest hundreds of billions of dollars into for-profit trains, roads, airports, clean electricity generation, high-voltage transmission lines and more. As former Treasury secretary Larry Summers has noted , the nation’s commercial and residential housing stock probably does not need to be increased, but it could be improved in quality by replacing windows, insulation and monitoring systems, which save more in energy spending over time than would be spent on the renovations. Ideally, all the infrastructure projects should generate at least a modest profit, to ensure that the investments are productive. Read full article > >

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Rebuild American infrastructure? Companies’ offshore profits can help.

Rested up from his Hawaiian vacation and facing a newly empowered GOP, President Obama is preparing a major staff overhaul. Chief economic adviser Larry Summers is headed back to Harvard in January, where he will resume teaching and academic research….

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Obama Preps Major Staff Overhaul

Larry Summers has agreed to work two weeks longer than planned as President Barack Obama’s top economic adviser, a White House official said Wednesday.

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Summers to stay in White House longer

Larry Summers’s final performance was very much in character.

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Larry Summers bids good riddance