James Pethokoukis

Is Larry Summers on his way out?

January 5, 2010

The anti-Larry Summers buzz grow louder ( such as here, here and here.) There is a lot going on here. Liberals blogs have been all over him for pushing the $800 billion stimulus plan instead of the $1.2 trillion option presented to Obama by Christina Romer.  Liberals, including Paul Krugman, thought it was too small then and have double-downed on that opinion since.  (Alas, no high speed rail or modern-day WPA program for them.)

Larry Summers: Tax increases won’t hurt economy

November 2, 2009

Here is Obama economic guru Larry Summers at the Economic Club of New York: “I don’t find there to be much evidence that suggests that raising top marginal tax rates from 35 to 39 percent that will be implicit in the repeal of the Bush tax rates will do substantial damage to incentives in the economy.”

Applying the Summers-Google metric to healthcare reform

July 20, 2009

So does more public interest in healthcare reform help or hurt?

july20googhealthchart

Summers: Google searches prove economy is recovering

July 17, 2009

White House economic adviser Lawrence Summers said in a speech today that the number of people searching for the term “economic depression” on Google is back down to normal levels, proof anxiety and fear are on the fade. OK, here is the chart: