Timothy Geithner - Caricature (Photo credit: DonkeyHotey) |
Monday, January 14, 2013
Geithner's Accomplishments
Ryan Chittum of Columbia Journalism Review doesn't think much of Geithner. Geithner did nothing for the housing decline; HAMP spent only $4 billion of its $50 billion war chest. He thought that deficit reduction and austerity was more important than jobs. He opposed breaking up the too-big-to-fail banks. He was against the Volcker Rule and lobbied against Elizabeth Warren. He fought for allowing the banks to do whatever they felt like doing.
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