Parts of Joe Biden’s so-called Bidenomics strategy are becoming “increasingly dangerous,” according to former White House official Larry Summers who worked with the current president under Barack Obama.
Speaking at an event held by the Peterson Institute for International Economics on Tuesday, Summers—who served as Treasury secretary in the Clinton administration and was director of the National Economic Council under President Obama—argued there were certain aspects of the current administration’s economic agenda that could end up pushing prices even higher.
