Wednesday, July 20, 2011

Larry Summers Interview Addresses A Wide Range Of Topics

Larry Summers, former Treasury Secretary and former adviser to President Obama, spoke to the Aspen Institutes's Walter Isaacson at Fortune's Brainstorm Tech conference about everything from the deficit crisis to the technology bubble to his character in The Social Network.
"The idea that these people are threatening to make the country default so they can get their way is beyond belief. Look, on the merits of the deficit policies and the budget policies, I obviously tend to share the President's views.  But you can make perfectly reasonable arguments for, in the direction of what the House majority favors. But threatening to make the country default?  I mean it is not something that should be treated as a civilized discourse."

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