July 16th, 2011
08:25 AM ET
Watch GPS: Larry Summers on the debt ceiling
Few people understand the American economy better than Larry Summers: he was the Treasury Secretary under President Clinton and Director of the National Economic Council under President Obama. Fareed Zakaria sits down with Summers to discuss America’s looming default. But that’s not the real crisis, says Summers. So what is? Getting growth back for the American economy.
All that, and other key international stories: insight on a revolution 2.0 in Egypt and the latest from Syria; a look at the legacy of Lula in an overheating Brazil; and an important discussion on global warming - how to go green when we’re in the red.
@fareedzakaria on Twitter
The old obsession with economics over politics was overdone, but the current emphasis on politics over economics setwitter.com/i/web/status/1…Tv
Airing in an hour: Tonight @ 9pm ET on @CNN, my latest special looks @ the ongoing threat to American democracy. https://t.co/YrGn21LO72
If you missed the premiere last night, my latest @CNN special report—“The Fight to Save American Democracy”—wtwitter.com/i/web/status/1…MSHLTl96pI
For all of us, that is the most important political issue right now, not your views on Iran or green subsidies. Thotwitter.com/i/web/status/1…39
In particular, Republicans must realize they can & should disagree w/ Democrats vigorously on taxes, regulation, intwitter.com/i/web/status/1…p9
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Awesome!
I couldn't care less what this piece of garbage, Larry Summers has to say.
2 things:
1) summers, ugly though he is, is right...corporate profits ARE up 20% while costs down...are main street people enjoying a commensurate 20% increased well-being? DEMAND *is* what is required. Everyone talks about the deficit, and uses the family home budget as an example...but if family home budgets are owing, the FIRST thing most families would do is look to trim exorbitant expenses (oil co. tax loopholes, corporate jets, corps. not paying THEIR fair share through other loopholes), then INCREASE INCOME, then cut survival expenses (and many families, especially the elderly ARE only surviving on social security and medicare).
2) Fareed...in a piece about American women's soccer...you end up talking about men- less than 30sec of the 3 minutes was devoted to the women. You should have given them their due; you could be talking about the international male soccer trading this week too, instead of stealing their thunder.
Overall, still a fan, but let's not just promote male sports, when it's THE WOMEN making the news!
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Interesting take on the topic. I agree with you completely
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