Larry Summers Blasts Trump's Carrier Deal As "Ad Hoc Deal Capitalism"

``The commentary on the President-elect's actions has emphasized its novelty, has emphasized the difficulties of scaling, and in the case of Bernie Sanders has argued that the actions taken were insufficiently forceful because some workers will still be relocated to Mexico.  All of this misses the point.  Presidents have enormous latent power and it is the custom of restraint in its use that is one of the important differences between us and banana republics. '' -- Well, Trump said he'd do deals... it is pretty apparent to us that a good portion of Trump's support base expressly wants banana republic-like tactics...