- The Big Picture - http://www.ritholtz.com/blog -
Discuss: Larry Summers, Front Runner
Posted By Barry Ritholtz On July 23, 2013 @ 7:30 pm In Really, really bad calls,UnGuru | Comments Disabled
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.”
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2013/07/discuss-larry-summers-front-runner/
URLs in this post:
 Anyone But Larry Summers: http://www.ritholtz.com/blog/2013/07/anyone-but-larry-summers/
 Right now, Larry Summers is the front-runner for Fed chair: http://www.washingtonpost.com/blogs/wonkblog/wp/2013/07/23/right-now-larry-summers-is-the-front-runner-for-fed-chair/
 Image: http://www.ritholtz.com/blog/wp-content/uploads/2013/07/images.jpg
Copyright © 2008 The Big Picture. All rights reserved.