Adventures in the Lone Star State

Larry Summers Interview

Still watching the full video, but courtesy of Mankiw, I found this post particularly interesting and this statement in particular:

Never forget, never forget, and I think it’s very important for Democrats especially to remember this, that if Hitler had not come along, Franklin Roosevelt would have left office in 1941 with an unemployment rate in excess of 15 percent and an economic recovery strategy that had basically failed.

 

July 18th, 2011 at 4:43 pm


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