Summers Warns of Economic Peril in Potential Second Trump Term
• Larry Summers believes the 2024 election is the most consequential since WWII and warns of economic threats from a second Trump term
• He says Biden takes a "sound activist approach" to the economy, though has some criticisms of Bidenomics
• Summers warns Trump has shown authoritarian tendencies and undermined institutions, threatening the economy
• He says other countries saw Trump's first term as an aberration, but a second term would undermine U.S. moral authority
• Summers warns the business community that history will judge harshly those who support Trump just for tax cuts or deregulation