Monday, July 11, 2011

Timothy Geithner: No Recovery

On yesterday's Meet the Press, Treasury Secretary and tax cheat Timothy Geithner warned that economic recovery won't feel like recovery for a long time.

Wonderful.

It's going to be unlike we've ever experienced in our lifetime.

Terrific!


Video.



Transcript

DAVID GREGORY: When do you think recovery is actually going to start feeling like recovery?

TIMOTHY GEITHNER: Oh, I think it's going to take a long time still. This is a very tough economy. And I think for a lot of people...

GREGORY: Yeah.

GEITHNER: ...it's going to be--it's going to feel very hard, harder than anything they've experienced in their lifetime now, for some time to come. And that--but that is because that is the tragic effects of a crisis this deep and this bad caused by a long period of lost opportunities to do things to make the country stronger.

Geithner didn't say it, but he was blaming President Bush.

What a load!

He completely dismissed all the talk about last summer being the "summer of recovery." Now, there's no recovery in sight.

The fact is this is Obama's economy. Period.

One thing sure to make the country stronger, economically and otherwise: Do NOT reelect Obama.

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