From an interview with Larry Summers by Walter Isaacson at Fortune’s Brainstorm Tech conference: The biggest problem the country has right now is not the budget deficit. The biggest problem the country has right now is the jobs deficit. Yes, there’s a risk that we will misplay things and make the mistakes of the 1970s, and have inflation and have excessive borrowing. But far and away the larger risk is that we will make the mistakes of 1937, and that we... Read more