My Blog

Uniting behind the Cadillac tax on health plans

October 26th, 2015

In an op-ed with Greg Mankiw in the New York Times on Sunday, October 25, 2015 Summers wrote, “Congress should side with President Obama and resist calls to scrap it [the excise tax on high-cost health care plans, the co-called Cadillac tax].” Read the full article here.

Economy caught in a vicious cycle

October 23rd, 2015

In an interview with CNBC’s Squawk Box on October 21, 2015, Summers said, “the economy is caught in a vicious cycle, incomes are too low, therefore investments are too low.” Summers called for smart tax reform and rules to discourage the kind of activism that strips cash out of companies.  Watch the full interview here.

Pre-emptive war on inflation is error

October 7th, 2015

In an interview on October 7, 2015, Summers told BloombergTV that “a pre-emptive war against inflation now would be a serious policy error.” continue