Larry Summers

Charles W. Eliot University Professor and President Emeritus at Harvard University

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Why Austerity is Counterproductive in the new economy

Austerity is Counterproductive, February 24, 2014″ “Why Austerity is Counterproductive in the new economy,” February 24, 2014, NABE, Arlington, VA

Lawrence H. Summers is the Charles W. Eliot University Professor and President Emeritus at Harvard University. He served as the 71st Secretary of the Treasury for President Clinton and the Director of the National Economic Council for President Obama.

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Lawrence H. Summers @lhsummers ·

.@realDonaldTrump's idea was to make America great again. The result in the quarter of President Trump taking office was the worst relative stock performance vs. Europe in the decades since they began collecting data.

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Lawrence H. Summers @lhsummers ·

20 Mar

There is not much ambiguity but that the source of uncertainty in our economy is federal govt policy.

A mix that is stagflationary, pushing up inflation and pushing down GDP. A perverse mix usually governments want to avoid. ⁦⁦@hereandnow⁩ ⁦

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