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Showing Original Post only (View all)Larry Summers Advising Biden Campaign on Economic Recovery [View all]
https://www.bloomberg.com/news/articles/2020-04-23/larry-summers-advising-biden-campaign-on-economic-recoveryFormer Treasury Secretary Lawrence Summers is advising Joe Bidens presidential campaign on economic policy, including its plans to revive the U.S. economy after the coronavirus pandemic, according to five people familiar with his involvement.
The Obama and Clinton administration veterans role roiled progressives who view his past work on the 2009 recovery as too favorable to big banks. Thats awkward for the Biden campaign at a time when it is trying to win the trust of former supporters of Bernie Sanders and Elizabeth Warren.
Two Sanders-aligned groups, Justice Democrats and Sunrise Movement, said Friday they hope Biden publicly rejects Summerss role as an economic adviser to better earn the trust of our generation. They said they also plan to start a petition calling on Biden to pledge to exclude Summers from his transition team or administration.
Larry Summerss legacy is advocating for policies that contributed to the skyrocketing inequality and climate crisis were living with today, the groups said in a joint statement.
The Obama and Clinton administration veterans role roiled progressives who view his past work on the 2009 recovery as too favorable to big banks. Thats awkward for the Biden campaign at a time when it is trying to win the trust of former supporters of Bernie Sanders and Elizabeth Warren.
Two Sanders-aligned groups, Justice Democrats and Sunrise Movement, said Friday they hope Biden publicly rejects Summerss role as an economic adviser to better earn the trust of our generation. They said they also plan to start a petition calling on Biden to pledge to exclude Summers from his transition team or administration.
Larry Summerss legacy is advocating for policies that contributed to the skyrocketing inequality and climate crisis were living with today, the groups said in a joint statement.
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Yeah, it's too bad the Bloomberg article framed this as a Bernie/Warren vs Biden thing, when it
WhiskeyGrinder
Apr 2020
#4
There is nothing wrong with capitalism as long as there is regulation. He made some stupid
still_one
Apr 2020
#22
Agreed. He is just using him as an outside advisor on the current economic situation. He isn't
still_one
Apr 2020
#31
and based on Biden's recent statements on student debt, as you stated, no doubt Warren is part of
still_one
Apr 2020
#33
Do you mean besides the fact that he's a misogynist disaster capitalist whose advice during
WhiskeyGrinder
Apr 2020
#3
Which is also fueled the rise of right wing populist movements like the Tea Party and Trump.
Yavin4
Apr 2020
#7
Bernstein is also advising him as part of the team. But the fact that Summers is still in the mix
WhiskeyGrinder
Apr 2020
#10
I should have read the article, but my first reaction to Summers name was to vomit a little.
CrispyQ
Apr 2020
#12
Yes, beating Trump is the priority, but preventing another Trump is the next highest priority.
Yavin4
Apr 2020
#21
Larry Summers is awful but if anyone read that Bloomberg piece, they'd know Biden's being advised by
Cha
Apr 2020
#38
Exactly. "Normal" is what got us here in the first place; I'm not interested in "going back" to it.
WhiskeyGrinder
Apr 2020
#26
Larry Summers was a close adviser in both Clinton's and Obama's administrations. I trust....
George II
Apr 2020
#37