Larry Summers is off to Harvard and back to academic life far away from the cauldron known as the White House. During his time with the administration, he has been involved in helping resurrect the US economy from it’s deepest downturn since the Great Depression. He’s been in the center of controversy as many programs have been put in place and is no doubt ready for some time away from the spotlight; maybe.
We shall see.
Summers has been a major proponent of the policy to stimulate the economy through governmental intervention. This has been a controversial path that many Republicans have found unacceptable. In fact, some have suggested it borders on the edge of Socialism. For that reason, many in the GOP will no doubt celebrate Summers’ transition to private life.