Reply #1: A Year And A Half Ago, I Heard Summers Being Interviewed On NPR

[MannyGoldstein]

He was whining that, instead of complaining about almost-free trade with China that he and Clinton spearheaded, people should be giving him credit for lowering the prices that we pay for stuff at Walmart. A guy called in whose job had been offshored, and informed Summers that low prices don't mean jack if you don't have any money because you can no longer find work. It was classic.

Almost-free trade with China and wholesale financial deregulation, followed by a lucrative stint at the world's second-largest hedge fund. Nice guy, very helpful.