Larry Summers, one of the most middling minds in the history of economics, is leaving the White House. Speculation now turns to what he’ll do next and everyone is betting on teaching at Harvard.
For me, I’d like to see him panhandling on the street* since that’s the spot he left millions in when he advocated for a smaller than necessary stimulus. Of course, the President was the one who made the ultimate decision to listen to him rather than Christina Romer so the fault (and Democratic losses in November) will rest at his feet.
After all, we spent years blaming Bush for his penchant for listening to bad advice. We’d be stupid not to hold the President accountable for doing much the same thing.
*I’d also like to see him working at a 7-11 or McDonalds.