Word: rubins
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...Rubin said the U.S. has lost its dominance both economically and geopolitically and must adjust itself to “the greatest change in economic conditions since the U.S. emerged and maybe even the industrial revolution...
Listing a host of “politically difficult” problems, including financial deficits, a “zero” personal savings rate, and the current account deficit, Rubin bemoaned the partisan divide that he said has diminished the effectiveness of the U.S. political system. Rubin left the public sector after six-and-a-half years, succeeded as Treasury secretary by his protege and former Harvard president Lawrence H. Summers...
When asked yesterday if he would consider returning to Washington if a Democrat were elected in 2008, Rubin, who has publicly supported Hillary Clinton in her bid for the White House, initially was adamant in saying no—but later revisited the question and retracted his prior statement...
...Rubin closed by calling upon the room of mostly business school students to be politically engaged, and gave some advice on making good decisions...
...Rubin has been a member of the Corporation since April 2002 and has said previously that he will continue to stay on for the foreseeable future...