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View Diary: Economist "Cannot recall in postwar times fiscal policy so at odds with needs of the economy" (17 comments)

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  •  Let's bear in mind history (2+ / 0-)
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    Heavy Mettle, Icicle68

    Back during the transition, Obama talked to Tim Geithner, who advocated coddlng banks in order to prevent a disruptive blowup, and Larry Summers, who said heads had to roll in order to send a message and deter future wrongdoing.  Obama listened to Geithner, with unfortunate results.  I suspect that's part of why he's keen on Larry Summers now.  It's just that the rest of the world has moved on even more than that.

    •  You'd think Obama would know (2+ / 0-)
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      Heavy Mettle, Calamity Jean

      the old saw about stopped clocks' being right twice daily.

      Dogs from the street can have all the desirable qualities that one could want from pet dogs. Most adopted stray dogs are usually humble and exceptionally faithful to their owners as if they are grateful for this kindness. -- H.M. Bhumibol Adulyadej

      by corvo on Sat Aug 03, 2013 at 02:22:54 PM PDT

      [ Parent ]

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