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Were you able to allocate that money? What was the Delta? How are you able to achieve that?

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And you have seen obviously variations in the market, undulations in the market, financial crises. How do you see what's happening, especially the role of the President and what's happening in the markets? Just give us, our listeners maybe some precedent of how you've seen this compared to what you'

So how do, if you could help our listeners understand what that means, what the implications of that are, Is it a sign of just a lack of confidence in our leadership and the American economy? How should people think about, in layman's

And, you know, Trump's mindset seems to be that reshoring a lot of manufacturing, if not all of manufacturing, that was once in the United States and has gone to other countries like China is something that we should do in that tariffs will be incent, will incentivize that. What is your opinion on t

And another thing that the President and Elon Musk has prioritized is doge and government efficiency, at least their version of it. And they've targeted the treasury, your former agency. They've talked a little bit about tracking payments. They've talked a lot about government employees and many way

Another area that the President is focused on that you obviously are well experienced in is pressure on universities. You are president of Harvard University. You are intimately familiar with all of the details of how federal funding affects universities first and foremost. Can you just talk about w

You know his rationale for doing this. He has talked about some of the DEI policies of Harvard. For example, just using Harvard as an example. He's talked about DEI policies, also talked about Harvard's response to some of the protests that we've seen on campus, anti Semitic activity. You have, you

So we've talked a lot about Harvard, the market's kind of unwelcome pressure on both of those things. The other factor that he's brought up or the other entity is the Fed and making some threats of the independence of the Fed. But I just would love your reaction to these threats and someone who's se

Then finally you said recently that events are 75% bad, but trends are 75% good. And I think there's a lot of people right now who are feeling pretty hopeless. They're feeling incredibly scared about the future of their country. As someone who has seen many presidents, many market fluctuations, I'd

Larry Summers, thank you for coming on the People's Cabinet today.

How do we do that when we have a president six months in who kind of feeds off division? Right. We see it every day. It seems like it gets worse every day. I'm curious in particular. You talk about the universe and where people are getting their information, that the base of MAGA seems to be shaken

Do you think there's a list? And also, where do you think this all ends?

You made allusion to the big beautiful bill and Medicaid, and that all rolls back up to affordability. I think the Democrats are a little bit in the wilderness right now about what our message is, you know, and a lot of labels that are still floating around, center left, left, far left, et cetera. I

How do you think about the mentality that some had? And I hear this a lot, you Know, there's a lot of talk on 2024 about saving democracy. You know, democracy is on the ballot. A lot of people said to me, Dan, I don't think this democracy is working for me. I don't believe in it. I see Republicans,

You could correct her and try to lecture or you recognize the intention behind it. In my opinion, intention is what we've lost in our country. Right. Sure, there are people who are legit bigots who just want to make people feel small. But then there are a lot of people like, you know, I'm half Korea