America’s problem is not political gridlock

Larry Summers in the Financial Times: “The great mistake of the gridlock theorists is to suppose that all progress comes from legislation and that more legislation consistently represents more progress. While these are seen as years of gridlock, consider what has happened in the past five years…None of this is to say that the US does not face huge challenges. But these are not due to structural obstacles. They are about finding solutions to problems such as rising inequality and climate change – where we do not quite know the way forward. This is not a problem of gridlock – it is a problem of vision.”