11 ‘Stunning Revelations’ From a Confidential Economics Memo to President Obama

Larry Summers and Barack Obama

Columnist Ryan Lizza’s in-depth New Yorker article (“The Obama Memos”) is an in-depth examination of the Obama administration’s handling of the U.S. economy. But unlike most op-eds, his column involves more than just speculation and conjecture. Lizza uses a 2008 “sensitive and confidential” memo written by the economist Larry Summers as one of the article’s chief resources.

For those unfamiliar with the memo’s author, Larry Summers is the former Director of the United States National Economic Council for President Obama. And although he resigned from this position in November 2010, as the White House’s chief economist he “played a leading role in crafting the administration’s interventions in the economy,”

via 11 ‘Stunning Revelations’ From a Confidential Economics Memo to President Obama | TheBlaze.com.

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