Monday, August 8, 2011

Dripping with Sarcasm: L.A. Times Column About Obama's Decision Not to Fire Tim Geithner

Written by Andrew Malcolm:

Finally, some promising economic news in what has been a steady recent stream of dismal data and developments:

Secretary of the Treasury Tim Geithner has agreed to stay in the Obama administration.

The master of finance who has so successfully assisted President Obama in boosting the national debt by more than $3 trillion, driving unemployment back north of 9% by spending only $787 billion in stimulus funds, corroding consumer confidence and presiding over the first federal credit downgrading in history has agreed to stick around to continue his impressive work for this Democratic administration.

Geithner is the sole survivor of President Obama's opening economic team. Obama is reported pleased.

So are Republicans....

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