Posted on 06/12/2022 8:53:55 AM PDT by ChicagoConservative27
During Sunday’s broadcast of CNN’s “State of the Union,” former Treasury Secretary Lawrence Summers said that “banana Republicans” and the events of January 6, 2021 had contributed to the inflation underway in the U.S. economy.
Summers said, “We should focus on what’s important, not raising input prices for American producers, so they’re less competitive, which is what much of those tariffs do. Instead, we should be focusing on things that allow the leakage of key technologies to China and the like. We should pass at long last some kind of legislation, ideally, on a bipartisan basis that would raise the vastly excessive Trump tax cuts, join the world in taxing corporations, take down prescription drug prices. All of that would operate to re
(Excerpt) Read more at breitbart.com ...
The stupidest people on the planet are attracted to politics.
He may as well blame the full moon.
This guy was a Treasury Secretary???? WTF???
Keep talking Larry, you’re making a bigger ass of yourself and all Democrats. My not invent more ridiculous reasons for inflation and help deal a death blow to the Democrat party.
... join the world in taxing corporations
So we don't tax corporations? News to me after filling out tax forms for a LLC I was a part owner of.
And President of Harvard! Brilliantly portrayed in the movie The Social Network.
Surprised he didn’t throw Putin in the mix too.
Inflation is caused by too many dollars chasing too few products.
Where did the too many dollars come from? The Democrats (and the trillions of dollars they pumped into the economy)
Where did the “too few products” come from? The Democrats (Biden) and the ill advise lockdown, shut down of our energy, adding more and more regulations and allowing a million illegals to invade our nation.
The Democrats created this mess, they owned.
Really? He does, despite the countless videos that can be easily searched of him busting the balls of BidenIdiot and his policies, the Fed, etc.
Yeah okie dokie.
Well there goes whatever credibility Larry Summers had.
Democrats need to hit rock bottom so any meaningless positive bleep they can take credit for.
“that would raise the vastly excessive Trump tax cuts”
Greater tax cuts? Works for me.
“The stupidest people on the planet are attracted to politics”
I would say corrupt is first, followed by stupid.
Actually, you cannot be stupid to be massively corrupt and avoid getting caught or going to jail if you are caught. Most of them are very smart in a criminal way.
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