During an interview aired on Friday’s broadcast of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers argued that “the central tendency” of
During an interview aired on Friday’s broadcast of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers said that he believes there won’t
On Tuesday’s broadcast of CNN’s “Don Lemon Tonight,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers said he’d be shocked if we still didn’t have meaningful
Former Treasury Secretary Lawrence Summers said Sunday on CNN’s “State of the Union” that the United States was “more likely than not” to have a recession within the next two years.
During Sunday’s broadcast of CNN’s “State of the Union,” former Treasury Secretary Lawrence Summers said that “banana Republicans” and the events of January 6, 2021 had contributed to the inflation underway in the U.S. economy.
During an interview aired on Friday’s broadcast of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers argued that inflation will not get
During an interview aired on Friday’s broadcast of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers stated that even though there’s a
During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers reacted to the Congressional Budget Office’s
During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers stated that if state governments had
During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers stated that the odds are “probably
During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers stated that if politicians want to help
During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers said that blaming inflation on price gouging
On Tuesday’s broadcast of CNN’s “Don Lemon Tonight,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers said that inflation will not “get that close to the
During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers argued that “we’re actually closer to
During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers said that stagflation is “the preponderant
White House press secretary Jen Psaki blamed inflation on the pandemic, snarled supply chains, and Russian President Vladimir Putin for forcing energy prices higher by invading Ukraine.
Vulnerable Connecticut Rep. Jahana Hayes claimed that “Democrats single-handedly saved the economy,” during a portion of her remarks at a virtual black caucus town hall uploaded to YouTube.
During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers said that recession risks “are going
During a portion of an interview with Bloomberg on Friday, economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers said that President Joe Biden “should stop all
During a portion of an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers stated that he
Inflation is high because the government pumped so much money into the economy, a study from the Federal Reserve Bank of San Francisco finds.
During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers responded to President Joe Biden’s tweet
During an interview aired on Friday’s broadcast of Bloomberg’s “Wall Street Week,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers argued that the core issue with
During an interview aired on Friday’s broadcast of Bloomberg’s “Wall Street Week,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers dismissed President Joe Biden’s attempt to
On Friday’s broadcast of ABC’s “GMA3,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers called on the Federal Reserve to raise interest rates and signal that further
On Friday’s broadcast of ABC’s “GMA3,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers predicted that while ending the war in Ukraine will help the economy, we
Vulnerable Democrat Rep. Cindy Axne (IA) claimed inflation is not caused by the increase in government spending mainly advanced by Democrats during and after the coronavirus pandemic.
On Friday’s broadcast of Bloomberg’s “Wall Street Week,” economist Larry Summers stated that “we’re now facing real risks of a 1970s-type scenario…the same kind of broad phenomenon of stagflation.” And that this is partially “a response to the excessive stimulation
During an interview with Bloomberg on Wednesday, economist Larry Summers said that we’re “at or over the brink of a spiral of rising inflation breaking out.” And the increase in oil prices has made it more difficult to control inflation
On Thursday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” economist Lawrence Summers stated that he thinks defeating inflation will probably require higher interest rates than foreseen by the Federal Reserve and the market, so “the risks of some form of economic
On Wednesday’s broadcast of CNN’s “OutFront,” economist Larry Summers said that there is “a real problem” with inflation that “was a foreseeable problem a year ago,” and “we’re looking at a situation right now that is fundamentally unsustainable.” But “by
On Wednesday’s broadcast of CNN’s “OutFront,” economist Larry Summers reacted to the Federal Reserve’s inflation policy announcements by stating that the Federal Reserve still has “a long way to go” and that combatting the inflation problem is “going to require
On Friday’s broadcast of Bloomberg TV’s “Wall Street Week,” economist Larry Summers stated that “we’re going to entrench inflation way above 2%, perhaps in the 4% or even higher range, unless something happens to break the current mood,” and the
On Friday’s “CNN Tonight,” economist Larry Summers stated that while he supports the Build Back Better reconciliation bill, runs “incremental deficits for the first few years. That’s not the right thing to be doing and we should scale that back.”
During an interview aired on Friday’s broadcast of the Fox Business Network’s “WSJ at Large,” Rep. Ro Khanna (D-CA) stated that he “understood” economist Larry Summers’ point about prior spending bills causing inflation, “I just thought that the working class
On Tuesday’s “PBS NewsHour,” economist Larry Summers said that inflation is “threatening to become a spiral,” there needs to be quick action to stop the “inflationary psychology” that currently exists, and that if inflation grows, “it’s going to be very
On Friday’s broadcast of CNN’s “OutFront,” economist Larry Summers predicted that unless the Federal Reserve significantly changes monetary policy or something changes current economic growth, “odds are that we’re going to have inflation of a kind we haven’t seen in
On Wednesday’s broadcast of CNN’s “Cuomo Primetime,” economist Lawrence Summers stated that the Biden administration isn’t “recognizing just how much demand is being created by the tremendous wall of money” they released with previous spending packages, inflation causes a spiral,
On Wednesday’s broadcast of CNN’s “Cuomo Primetime,” economist Lawrence Summers argued the Biden administration should “get a set of things to encourage energy production so that gasoline prices could come down” to help deal with inflation problems. Summers said he
During a town hall on CNN on Wednesday, President Joe Biden stated that he doesn’t know anyone, including economist Lawrence Summers, who thinks inflation will be a long-term issue “if we do the things we’re going to do” like passing
