Even when Larry Summers tries to pander and repudiate his old views so he can be appointed to the Fed without too much controversy he can’t help but reveal his contempt for ordinary people. https://www.the-american-interest.com/2020/05/22/how-to-fix-globalization-for-detroit-not-davos/">https://www.the-american-interest.com/2020/05/2...
“ A great deal of what was in the Trump program was fundamentally irrelevant. Who cares whether China buys soybeans from us or whether Brazil buys soybeans from us?”
Farmers do. Also Brazilians are burning down the Amazon to grow soybeans!
Farmers do. Also Brazilians are burning down the Amazon to grow soybeans!
Summers shits on Keynes AND the working class!
“There’s a lot of evidence since Keynes, and for every non-employed man who’s learning to play the harp or appreciate Impressionists, there are a hundred drinking beer, playing video games, and watching 10 hours of TV a day.”
“There’s a lot of evidence since Keynes, and for every non-employed man who’s learning to play the harp or appreciate Impressionists, there are a hundred drinking beer, playing video games, and watching 10 hours of TV a day.”