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18 August 2017 08:41 (South Africa)

Obama team says job creation is now priority No. 1

Top economic advisor in the Obama administration, Larry Summers, says creating jobs now takes priority over reducing the country's deficit in 2010. Summers says the administration must make getting people back to work the administration’s top priority – lowering the country’s 10% unemployment. Only then can the Obama administration begin work on reducing the deficit, a problem Summers says was inherited from George W Bush anyway. Summers was speaking on CNN's "State of the Union." For more, read the AP

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