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The devastating economic fallout of COVID-19 is widening the already immoral levels of inequality that plague American society.
That’s why we are deeply disturbed that Joe Biden is taking advice on the economic recovery from proud Milton Friedman fanboy Larry Summers.
According to The Nation, “going back decades, Summers has opposed big stimulus spending, regulation of Wall Street, and pushes for economic equality."
Summers’ record supporting policies that have punished working people and rewarded corporate power is the last thing we need at this time of great economic crisis. Rush a donation now to help us keep up the pressure on Biden to cut all ties with Larry Summers immediately!
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Summers was prominent in the neoliberal push to repeal the Glass-Steagall protections that were instituted during the Great Depression and a major factor in the 2008 financial crisis.
He also actively argued against relief that could have kept homeowners in their houses instead of being thrown out on the street with foreclosures.
And late last year, he made a bizarre case against the wealth tax by disgustingly equating support for it with antisemitism.
The bottom line is this: Larry Summers has spent his career arguing for policies that punish working people and exacerbate inequality.
If Joe Biden is serious about helping ordinary Americans, he will stop listening to Larry Summers as soon as possible.
Donate here to help us organize grassroots power to demand that Joe Biden stop taking advice from Larry Summers on the economic recovery.
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