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(82,849 posts)

18. But Larry Summers said . . .

Reply to applegrove (Original post)

Mon Feb 8, 2021, 12:03 AM

Feb 2021

Ah, who cares what Larry Summers has to say. He was the guy who advised Obama to go small in 2009 in response to the financial big boyz damn near ruining the global economy. Going small resulted in needless additional suffering and financial calamity for millions. Summers later conceded that he'd been wrong. This time around, Summers says the relief package needs to be small because something something bond traders or some other privileged class might lose some of their privilege and then we'll all be sorry!

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Big Majority Approve of Biden's Pandemic Response [View all] applegrove Feb 2021 OP

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But Larry Summers said . . . gratuitous Feb 2021 #18