Why does anyone take @LHSummers seriously? He keeps getting the numbers wrong. (Maybe because corporate elites like the message to cut wages?) prospect.org/blogs-and-news…
For the third time (1929, 2008, and now) we are learning that low interest rates and rampant market speculation create crashes. prospect.org/blogs-and-news…
prospect.org/blogs-and-news… Adminstration infighting continues over pitch to cut strategic tariffs on Chinese goods as inflation-fighting measure. The impact would be trivial. It's a ploy from the usual free-trade suspects.