Wednesday, June 8, 2011

Is it Geithner's Fault or the Guy Who Hired Him

By Fuzzyone

I've blogged before about what a mistake it was for Obama to "pivot" and adopt the Republican frame (which is totally wrong) that deficits and not unemployment were the main economic issue. It should surprise exactly no one that this was a result of his listening to Tim Geithner, who may go down as one of the worst Treasury Secretaries ever. Of course Obama didn't have to listen to him. And of course its pretty darn tough to reverse course now. And having screwed up the economy it looks like Timmeh is gearing up to screw up the reelection too (though that's pretty much the same thing I suppose). So just move the goal posts. Not sure how this ends, but it is hard to imagine that it ends well.


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