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In New Jersey, Obama to discuss the state of the economy

October 22nd, 2010

On Wednesday, President arrives in New Jersey, to discuss the economy with small business representatives and to persuade the Congress to pass a bill that will help small enterprises to hire more workers.

The President will make a stop in Edison. A similar visit was scheduled for May, but then postponed due to an oil spill in the Gulf of Mexico.
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Chief Adviser of the economy will leave Obama’s Administration

October 22nd, 2010

Chief Economic Advisor of the U.S. President, Barack Obama, Larry Summers plans to resign by the end of 2010.

The officer himself refuses to call the cause of his upcoming departure. He just announced that he intends to return to teaching at Harvard and writing works on basic economics.
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