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
In fact, one of America’s leading economists, Larry Summers, has been sounding the inflation alarm for months.
During an interview aired on Friday’s edition of PBS’ “Firing Line,” economist Lawrence Summers argued that one reason for the job shortage is that we have “completely inappropriate” unemployment benefits “on excessively generous terms where we’re giving people more money for
During an interview aired on Friday’s edition of PBS’ “Firing Line,” economist Lawrence Summers stated that the “main risk” to the economy is that it will overheat, “And then once it overheats, it’s going to be hard to put out
Larry Summers, a former economic advisor to former President Barack Obama, warned President Joe Biden on Monday that inflation is a looming threat to the United States economy.
“This would not be overheating; it would be starting a fire,” Olivier Blanchard warned.
“With respect to Larry and his piece, it’s just flat out wrong that our team is ‘dismissive’ of inflationary risks,” Bernstein protested.
Former Vice President Joe Biden’s campaign is going to extensive lengths to keep its economic advisers shrouded in secrecy.
Two of the progressive movement’s leading organizations are demanding former Vice President Joe Biden jettison his new economic adviser, Larry Summers, over a perceived pro-business tilt.
A new peer-reviewed study appears to confirm what critics of political correctness have long suspected: that publicly apologizing for controversial statements or opinions doesn’t work, and may, in fact, be counterproductive. According to the study, liberals and women are more likely to desire punishment for a controversial person if they issued a public apology.
The former Obama and Clinton administration official says a wealth tax could backfire by increasing the influence of the very rich.
A far-left, George Soros-backed outfit known as the Center for Public Integrity and the socialist British newspaper The Guardian released an 11,000-word report chronicling the passage of the Tax Cuts and Jobs Act.
Democrats, media figures, and pundits predicted over the last two years that many people would die as a result of President Donald Trump’s policies.
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.
