Tag: Larry Summers

Former economic advisors to Former President Barack Obama are fuming Friday because President Donald Trump teased May’s jobs report an hour before its official release.

The former Obama adviser said–inaccurately–that in the U.S. it shouldn’t be the case that “one company can be singled out at one moment, and another company can be singled out at another moment.”

On Thursday’s broadcast of CNN’s “New Day,” Lawrence Summers, who served as Treasury Secretary under President Clinton, stated President Trump’s attacks on Amazon are “a Mussolini tactic,” and something pro-business Republicans would “be berserk about” if a Democrat did. Summers

Former Bill Clinton Treasury Secretary Larry Summers argued in an op-ed for the Financial Times on Monday that thousands will die because the Republican Tax Cuts and Jobs Act will repeal Obamacare’s individual mandate.

Monday on CNBC’s “Squawk Box,” former Obama National Economic Council director Larry Summers discussed his op-ed in Sunday’s Washington Post and said the Republican Senate tax bill, which included a repeal of the ObamaCare individual mandate, will cause thousands to die. Summers said, “Look

The former Treasury Secretary is worried that exports will drive up prices for U.S. consumers.

Mainstream economists think we’re doomed to low growth forever. Trump aims to prove them wrong.

“If I had been asked by the White House to assert a proposition as demonstrably false as the claim that this plan would produce revenue, I would have resigned,” Summers said.

President Barack Obama’s former National Economic Council director, Larry Summers, says the economic advice being given to President-elect Donald Trump is “beyond voodoo economics” and is equal to “creationism.”

During a Tuesday interview with Bloomberg, Harvard Professor and former Clinton Treasury Secretary Larry Summers criticized a paper written by Trump economic officials Peter Navarro and Wilbur Ross as “well beyond voodoo economics.” Summers said the transition to a new

President Barack Obama’s first economics deputy says current US. economic policies would leave one-third of working-age men unemployed in 2051. Roughly 10 percent of American “prime age” men, or 7 million men aged 25 to 54, have dropped out of the nation’s workforce of 150 million. They are not trying to get jobs and are unemployed because of policy decisions, not because of technology.

Wednesday on Fox Business Network, former Clinton Secretary of the Treasury and former Obama National Economic Council chairman Larry Summers called the potential presidency of presumptive Republican presidential nominee Donald Trump a “threat to our prosperity.” Summers said, “It scares me. I

Nicholas Johnston writes in Bloomberg Politics:  Donald Trump “is in a category with George Wallace, Joe McCarthy and Huey Long,” former Treasury Secretary Larry Summers says at an event in Washington. Called a Trump presidency “profoundly dangerous,” says it would