Saturday, December 06, 2008

Larry Summers

"No doubt [Summers] is very smart, but you're not giving him the job based on his SAT scores," said economist Dean Baker, co-director of the liberal Center for Economic and Policy Research. "What I look at is his track record, and his track record is not great -- he supported the policy of financial deregulation, he thought the asset bubble was just fine, he was not troubled by the stock bubble, he was not troubled by the housing bubble, and he supported the overvalued dollar."

Washington Post

No comments: