Former Clinton Treasury Secretary Larry Summers Comes Out Against $2,000 Stimulus Checks

Topline  Liberal economist Larry Summers said Thursday sending out $2,000 stimulus checks to Americans would be a “mistake,” making him the first prominent Democratic figure to come out against more direct relief. Larry Summers, former U.S. Treasury secretary, speaks during an Economic Club of New York event in … [+] New York, U.S., on Wednesday, May 16, 2018 Photographer: Mark Kauzlarich/Bloomberg © 2018 Bloomberg Finance LP Key Facts In an interview with Bloomberg, Summers argued the federal government shouldn’t focus on boosting consu… Click below to read the full story from Forbes
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