Larry Summers

Larry Summers Cries Tax Cuts Will Kill Thousands

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.

Lawrence Summers, former U.S. Treasury secretary, speaks during a Bloomberg Television interview at the World Economic Forum (WEF) in Davos, Switzerland, on Friday, Jan. 20, 2017. World leaders, influential executives, bankers and policy makers attend the 47th annual meeting of the World Economic Forum in Davos from Jan. 17 - …

Larry Summers: Senate GOP Tax Bill Would Cause ‘Thousands’ to Die

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


Obama’s First Economic Chief Says One-Third Of Men Will Be Jobless

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.


Summers: No Greater Threat To U.S. Prosperity Than Trump

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


Larry Summers: Trump an ‘American Demagogue… Profoundly Dangerous’

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

WASHINGTON, DC - MARCH 21: Republican presidential candidate Donald Trump speaks during a campaign press conference at the at the Old Post Office Pavilion, soon to be a Trump International Hotel, in Washington, DC on Monday March 21, 2016. (Photo by Jabin Botsford/The Washington Post via Getty Images)