Byline: Joseph Curl, THE WASHINGTON TIMES
President Obama's chief economic adviser said Sunday that, more than a year after the passage of the $787 billion stimulus bill, the U.S. economy still has a long way to go.
Lawrence H. Summers, director of the National Economic Council, said that despite a modest rise last month in employment, pushing the unemployment rate down from its current 9.7 percent level won't be easy.
It is the president's preoccupation to put people back to work, said Mr. Summers, who appeared on a pair of Sunday talk shows. The trend has turned, but to get back to the surface, we've got a long way to go, and that's what we're fighting to …