Epstein Secrets

one-time factors related to the economic crisis and massive Republican tax cuts that lowered revenues far below normal." Former Treasury secretary Lawrence Summers warned in The Post that we can't "lose sight of the jobs and growth deficits that ultimately will have the greatest impact on how this generation of

elow normal." Former Treasury secretary Lawrence Summers warned in The Post that we can't "lose sight of t

eaking rank with ultra-conservatives that have moved the GOP to the far, far right. In the article — Makers, Takers, Fakers — in the New York Times, Paul Krugman points out that while acknowledging that the many in the G.O.P. made stupid statements and pushed initiatives that are out of step with a majority

e 1970s and achieved nearly everything he wanted. The New Yorker magazine this week has posted on its website a 57-page memo that economic adviser Larry Summers wrote to Mr. Obama in December 2008. It lays out nearly his entire agenda for the "stimulus," reviving housing, the auto bailout and saving the fi

bsite a 57-page memo that economic adviser Larry Summers wrote to Mr. Obama in December 2008. It lays out

a presidential election is the extent to which protectionism is being intellectually rehabilitated in the United States. Respected economists like Paul Krugman and Fred Bergsten have argued that imposing tariffs would be a legitimate U.S. response to Chinese currency policies. A similar shift is underway i

fusion, which would have been almost exactly right. But they had both supported Hillary Clinton in the primaries and so he went with his own advisor, Larry Summers who had a record of major mistakes when working for Bill, not to mention as President of Harvard, so Obama proposed an 800 billion infusion and then

employment is high, and also increases employment, again with a multiplier effect. HOUSE_OVERSIGHT_029448 --- PAGE BREAK --- 2 Howard Stieglitz and Paul Krugman, two superb economists and Nobel Memorial Laureates met with Obama and urged a 1.5 trillion dollar infusion, which would have been almost exactly rig

gree of certainty; historically, productivity forecasts have been notoriously wrong. In The Age of Diminished Expectations,” first published in 1990, Paul Krugman, Nobel laureate in economics and professor at City University of New York, wrote that the lower pace of productivity growth experienced since the ear

ent low productivity growth rates do not portend low growth rates going forward. Just as Hansen was proven wrong on his secular stagnation theory and Krugman was proven wrong on his diminished expectations for the US economy (and they were both influenced by their pessimistic view on productivity), those w

g Power,” Academy of Political Science, 1934. Alvin H. Hansen, “Economic Progress and Declining Population Growth,” American Economic Review, 1939. Lawrence H. Summers, “Remarks,” speech delivered at he Fourteenth Jacques Polak nternational Monetary Fund Annual Research Conference, Washington, D.C., November 8, 2013