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On the record

Larry Summers

Democrat · Democrat economist

0Harmful
0Mixed
0Helpful

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Larry Summers: 1 PolicyBomb on record

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Positions on record

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Policy #2: Inflation Spike 2021-2023: American Rescue Plan and Policy Drivers Harmful

Warned against size: Feb 2021 WaPo op-ed / interviews. Harvard Gazette: Summers on inflation. harvard.edu

Verdict: ARP was oversized relative to the remaining hole and hit an economy with broken supply chains. It was not the only cause (energy shock after Ukraine invasion, housing, supply), but denying its demand role is ideology.

All sources

  1. Harvard Gazette: Summers on inflation. harvard.edu

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