Larry Summers Says the Clinton Administration Didn't Have Access to Government Economic Data

Okay, that is not exactly what he said, but if Chrystia Freeland's account of Summers' comments at Davos are to be believed that Summers is badly misinformed about the state of the U.S. economy in 1993 when he was one of the top advisers in the Clinton administration. According to Freeland, Summers said:

"In 1993, here’s what the situation was: Capital costs were really high, the trade deficit was really big, and if you looked at a graph of average wages and the productivity of American worke...