White House Man Larry Summers To Return To Harvard, Site Of Former Glory

Dr. Lawrence H. Summers, Director of the National Economic Council, will leave The White House later this year to return to the place of his former glory–Harvard University. He was once president of Harvard and was pushed out in 2006 after imprudent comments about the math and science ability of women. He lost a vote of no confidence by the university’s faculty.

“I will always be grateful that at a time of great peril for our country, a man of Larry’s brilliance, experience and judgment was willing to answer the call and lead our economic team.  Over the past two years,  he has helped guide us from the depths of  the worst recession since the 1930s to renewed growth.  And while we have much work ahead to repair the damage done by the recession, we are on a better path thanks in no small measure to Larry’s wise counsel.  We will miss him here at the White House, but I look forward to soliciting  his continued advice and his counsel on an informal basis, and appreciate that he has agreed to serve as a member of the President’s Economic Recovery Advisory Board,” said President Obama.

In other words, it is time to return to his place as a full professor at Harvard and a highly paid consultant to financial firms who will pay hims millions of dollars a year for advice. Shades of Henry Kissinger.

Douglas A. McIntyre