“The country will not have to pay the piper. Through a combination of sound policy actions and a great deal of good luck we are well on our way to a soft landing and a period of growth and price stability.”

Lawrence Summers in: David Warsh (April 20, 1986) "Stockman's Timing Was Never Worse", Boston Globe, p. A1.
1980s

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Lawrence H. Summers 12
Former US Secretary of the Treasury 1954

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