"We're going to be careful not to withdraw too soon," Geithner said. "The classic mistake that countries make in crises is they put the brakes on too early, they reignite the recession ultimately at much greater fiscal costs and much greater damage to the economy. That's the balance we've got to get right."I wonder if it has occurred to him that they may just be deferring the damage without actually changing its magnitude.
Friday, September 11, 2009
Turbo Tax Timmy Geithner on the importance of prolonging government interference:
Posted by dsm at 12:40 PM