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October 8, 2009
Geithner's got chutzpa
Topics: Political News and commentariesReuters reports that U.S. Treasury Secretary Timothy Geithner was quoted on Wednesday. as saying "Americans have to save more." This, coming from a guy that pushed the stimulus spending from day one and only 4 days ago said it was too soon to stop spending.
Saying that the American people should save when the federal government continues to spend money like drunken sailors is, in my mind, a display of a hell of a lot of chutzpah and a glowing example of the widespread audacity of the Obama administration to carryout an agenda that flies in the face of common sense and the principles of sound economic policy.
Related: Spengler: Obama's permanent depression
Posted by Richard at October 8, 2009 7:03 AM
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