From the Washington Post. One more rat leaving a sinking ship. The damage has been done, so there's no need for ANY of the economic team to hang around.
"President Obama's top economic adviser, Lawrence H. Summers, will step down as director of the National Economic Council after the November elections and return to a teaching post at Harvard University, the White House announced Tuesday.
The departure of Summers, 55, will complete the turnover of three of Obama's four top economic advisers as the administration struggles with the political fallout of a stubbornly weak economy."
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