1. The amount of nonsense in this tweet is really astonishing. McGovern didn't lose because of his economic policy but Nixon used Feds to turbo-charge economy & create false boom (which quickly deflated after Nixon re-elected)https://twitter.com/LHSummers/status/1188083974146592774 …
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2. Also McGovern's economic populist message undercut when big labor unions, for complicated reasons, opposed his candidacy. Partly it was because on their issues McGovern was a proto-neoliberal (he would later become lobbyist against Employee Free Choice Act)
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3. Nixon was successfully able to divide Democratic coalition on social issues ("Acid, Amnesty, and Abortion"). But here, the culture has changed & Dems consensus strongly pro-LGBT, reproductive freedom. Marijuana legalization looks like a winning issue (as it was in Canada).
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Jeet Heer Retweeted Lawrence H. Summers
4. Maybe the one salient lesson from 1972 is that if a left candidate runs, establishment Dems will go out of their way to sabotage the campaign (LBJ told Nixon he preferred him to McGovern). In that sense, Summers tweet is a threat.https://twitter.com/LHSummers/status/1188083974146592774 …
Jeet Heer added,
Lawrence H. SummersVerified account @LHSummersWhile the wealth tax currently polls fairly well, I am struck that in last half century, the economics of candidates Warren & Sanders most resembles George McGovern, who later regretted his anti-business tone and lost badly to Nixon, the past President who most resembles Trump.Show this thread11 replies 83 retweets 375 likesShow this thread -
5. Also, any statement Larry Summers makes against wealth tax has to be weighed against fact he benefits from current inequality since as university major-domo he was showered with plutocratic largess. Addendum: Here's a photo of Summers with Jeffrey Epstein.pic.twitter.com/g8wyG4Ox0r
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Replying to @HeerJeet
So can we agree that anyone caught palling around with pedophiles should be disqualified from public life? Because you know those parties in the 80s Bernie went to with Daniel Ortega? I've got some...bad news about that guy...
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Replying to @Brian_MPLS
Get back to me when Sanders financially benefitted from Ortega.
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Replying to @HeerJeet
"The problem with the global pedo class is not the child rape, but the wealth" is.....possibly one of the most takiest takes I'll read all year.
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I'm sorry you can't understand that it's the wealth that lets them get away with their crimes so it's salient that Summers benefits from that wealth (and opposes it being taxed) while Sanders doesn't.
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Replying to @HeerJeet
Bernie's entire political (and commercial) brand is built on his association with LatAm revolutionaries, and the only one he actually seems to know personally is a child rapist There may be not be $$$ flowing back and forth, but there sure as hell is a Mutual Admiration Society
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Replying to @Brian_MPLS @HeerJeet
And mutual political benefit, I might ad.
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