Monday, July 18, 2011

The Always Quotable Larry Summers

A reader alerts me to this interview of Larry Summers on the Charlie Rose show.  He finds this quotation (starting around 21:50) particularly provocative:
Never forget, never forget, and I think it’s very important for Democrats especially to remember this, that if Hitler had not come along, Franklin Roosevelt would have left office in 1941 with an unemployment rate in excess of 15 percent and an economic recovery strategy that had basically failed.