You know how we at ATR have been scratching our heads trying to work out why-oh-why, despite all the evidence saying it’s a bad idea, and it isn’t working, the Administration continues down a path of bailouts, spending sprees, and fiscal vandalism?Well, I think we have our answer.
From yesterday’s Meet The Press with Secretary of the Treasury, Tim Geithner:
TIMOTHY GEITHNER: You know, I’m– I’m not an economist, David…
Oh. Um. Okay.
Well, I guess that clears up a few things. I suppose we were foolish and naive to have expected the Secretary of the Treasury to actually understand economics…