Last week, I noted my preference for Fed Chief was Anyone But Larry Summers.
So you can imagine my disappointment when Ezra Klein posted this today: Right now, Larry Summers is the front-runner for Fed chair.
This nation faces too very large political problems related to economics:
1. The President of the United States is an Economic Naif. Perhaps less so than he was on January 20th 2009, but overall, I cannot help but reach the inescapable conclusion that he lacks a sophisticated understanding of the economy.
2. That naivete has led him to be bamboozled — repeatedly — by Robert Rubin and his acolytes. Both Tim Geithner and Larry Summers are “Rubinites.”
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.