For the record, I’m frustrated that Geithner and Summers have become so influential. I consider it to be a real failure of the Obama administration out of the gate. It’s really unfortunate what’s happening.
Geithner/Summers were principals in the crowd that got us into this mess, and now they’re leading Obama’s economic policy, which is overly conservative and deferential to the financial establishment.
In all fairness, the alternative to Obama would have been McCain and our Treasury Secretary would have been Phil Gramm. That speaks for itself. (Good God, is it possible Hillary would have been better?)
