Wednesday, June 8, 2011

Tim Geithner: The Architect of Defeat?

War Room:
By ruling out any further stimulus -- and, even worse, by abandoning efforts to keep the economy growing far too early -- Geithner has helped to make Obama and the Democrats extremely vulnerable in 2012. If Republicans take the White House and the Senate in 2012, then it really won't matter whether Geithner's deficit pivot could have preserved "the capacity to do a whole range of things that are really important." Healthcare reform will be dead. Banking reform will be dead. Medicare and Medicaid will face a deeply uncertain future.

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