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Lawrence Summers: Trump doesn't deserve credit for all the economic good news

If and when recession comes, the world will have much less room than usual to maneuver.

Followed by a television team and assistants Klaus Schwab, center, founder and Executive Chairman of the World Economic Forum, walks through the meeting's conference center in Davos, Switzerland, Sunday, Jan. 21, 2018. The meeting brings together entrepreneurs, scientists, chief executives and political leaders from Jan. 23 to 26. (AP Photo/Markus Schreiber)

Followed by a television team and assistants Klaus Schwab, center, founder and Executive Chairman of the World Economic Forum, walks through the meeting's conference center in Davos, Switzerland, Sunday, Jan. 21, 2018. The meeting brings together entrepreneurs, scientists, chief executives and political leaders from Jan. 23 to 26. (AP Photo/Markus Schreiber)