Biden owes Larry Summers an apology

Published June 13, 2022 12:00am ET



<mediadc-video-embed data-state="{"cms.site.owner":{"_ref":"00000161-3486-d333-a9e9-76c6fbf30000","_type":"00000161-3461-dd66-ab67-fd6b93390000"},"cms.content.publishDate":1655143752308,"cms.content.publishUser":{"_ref":"0000017a-8cb2-d416-ad7a-beb7278f0000","_type":"00000161-3461-dd66-ab67-fd6b933a0007"},"cms.content.updateDate":1655143752308,"cms.content.updateUser":{"_ref":"0000017a-8cb2-d416-ad7a-beb7278f0000","_type":"00000161-3461-dd66-ab67-fd6b933a0007"},"rawHtml":"

var _bp = _bp||[]; _bp.push({ "div": "Brid_54882912", "obj": {"id":"27789","width":"16","height":"9","video":"1030046"} }); ","_id":"00000181-5e41-d405-a3e7-dfe75d130000","_type":"2f5a8339-a89a-3738-9cd2-3ddf0c8da574"}”>Video EmbedThe Federal Reserve is trying to pump the brakes on inflation by hiking interest rates, but far too little has been done far too late. Inflation is now up to 8.6% over a 12-month period. Messaging on the economy from Democratic leadership and President Joe Biden’s administration relies on a strategy of denial.

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