Charlie Rose with Robert Rubin and Larry Summers
Saw this last night, found it interesting and informative. Whether or not these two men hold any culpability for current crisis is a debate worth having, but it isn’t the main point of the interview. The main line of discussion Charlie went after was a) what are the potential outcomes of the current crisis, and b) what should policy makers be doing. Rubin and Summers advocated finding a bi-partisan process for making short and long term policy course corrections that admit a) current spend and borrow policy is an epic mistake that has 0% of chance of success in the long run – the balance sheet must be fixed. and that b) we are going to have to make some hard decisions which will require leadership, trust, and communication with the American people. Can’t we all agree with them on that?
Posted: September 11th, 2008 under digital entertainment, politics.
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