Expectation vs. Presumption

Robert Gavin:

Summers cites recovery, risks in view of economy: The US economy has probably begun a lasting recovery, but the outlook has become more uncertain in recent weeks.... [T:]he recovery still faces risks, from the premature withdrawal of federal spending aimed at stimulating the US economy to a financial meltdown in Europe to increased tensions in Korea.... [A:]fter expressing confidence that European policy makers would contain the government debt crisis and avoid another global...