Wrong-Way Larry

Larry Summers:"If they [Democrats] don't pass this bill in the next couple weeks it will materially increase the risk that the economy would stall out and we would have a double dip."

So if Larry Summers says it, it must be true? That's not the conclusion most of us would jump to, given his performance as top White House economic adviser over the past two years. In fact, most of us would be more inclined to look where he's pointing and run in the exact opposite direction.