The Emperor Has No Cloths

For John, BLUF:  The people inside the Biden Administration, and its supporters, remind one of New Yorker Writer Pauline Kael, who said, in December 1972, "I only know one person who voted for Nixon.  Where they are I don’t know.".  Nothing to see here; just move along.

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The suffering public aren't imagining things. -- Larry Summers

From X, by wretchardthecat, 3O December 2023, 3:15 PM.

Here is the X Post:

Lawrence H. Summers

@LHSummers
No question, things are more symmetric now than they were a year or a year and a half ago.  Whatever economy patricians may think, the American people are very unhappy with the state of the economy.  That's manifest in how they see confidence in institutions.  Confidence in our political leaders and their own reporting on consumer sentiment.  And I think that anyone looking at the situation has to say that while some of that may have to do with a lot of cultural issues, at least some of it has to do with the inflation we've been through, with the increase in interest rates that's been necessary.  And so I think we need to be very careful about giving policy any kind of buy given how the American people are expressing their own sentiments.
https://bloomberg.com/news/videos/2023-12-30/summers-responds-to-krugman-on-recession-risk… 7:48 AM · Dec 30, 2023

We all remember Larry Summers, don't we?  He was the President of then Harvard University, fired for having the temerity to challenge then (and now) acceted progressive wisdom,  It was a candid moment, for which he had to pay.  Not like today, where plagerism and anti-semitism are acceptable activities at Hamas University.

But, Seccretary Summers is again bucking the Progressive Party Line, noting the Emporer has no cloths.

Hat tip to the InstaPundit.

Regards  —  Cliff