Geithner

Economist Robert Barro in the Wall Street Journal:

The loss of the U.S. government's AAA rating is a great symbolic blow, one that would cause great anguish to our first Treasury secretary, Alexander Hamilton. Frankly, the only respectable reaction by our current Treasury secretary is to fall on his sword.

Comments:


Paul A. Rahe

Sisyphus

Paul A. Rahe: Let me see. Geithner has already expressed a desire to leave office, and he is apt to go before long. Do you think that Obama might bite the bullet and nominate Paul Krugman for the post? · Aug 8 at 11:40am

Actually, in response to speculation about his plans Geithner announced that he is committing to stay on the job through most of 2012. No rest for the wicked. · Aug 8 at 11:52am

So the rat will stick to the sinking ship.


Joined
Sep '10
Patrick in Albuquerque

Kent Conrad for TS.


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