We dont have enough money to take care of everybody who doesnt need help. Maria joining us is former u. S. Treasury secretary under president clinton, Larry Summers. Good to see you. I read a fair amount of what you have been saying about the president s budget. You simply call this ludicrous. Why . Its the least honest, incompetent budget thats been put out in 40 years. There are value judgments about the poor. I dont agree with those value judgments. They were elected and they have a right to make their value judgments. There are optimistic economic forekations. They are further away from the professional consensus than any administration in a generation. But they are not entitled to violate the laws of arithmetic and logic and thats what this budget does. Let me explain. They have a tax cut. They think their tax cut will spur the economy a great deal and that will generate extra revenue. I dont think they are right. Thats their assumption. Fair enough. Thats why they project a big a
We dont have enough money to take care of everybody who doesnt need help. Maria joining us is former u. S. Treasury secretary under president clinton, Larry Summers. Good to see you. I read a fair amount of what you have been saying about the president s budget. You simply call this ludicrous. Why . Its the least honest, incompetent budget thats been put out in 40 years. There are value judgments about the poor. I dont agree with those value judgments. They were elected and they have a right to make their value judgments. There are optimistic economic forekations. They are further away from the professional consensus than any administration in a generation. But they are not entitled to violate the laws of arithmetic and logic and thats what this budget does. Let me explain. They have a tax cut. They think their tax cut will spur the economy a great deal and that will generate extra revenue. I dont think they are right. Thats their assumption. Fair enough. Thats why they project a big a
EDITOR’S NOTE: The Datebook is reserved for nonprofit, civic organizations. Unless otherwise noted, events listed should be considered free and open to the pu
EDITOR’S NOTE: The Datebook is reserved for nonprofit, civic organizations. Unless otherwise noted, events listed should be considered free and open to the pu
EDITOR’S NOTE: The Datebook is reserved for nonprofit, civic organizations. Unless otherwise noted, events listed should be considered free and open to the pu