Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

MindMover

(5,016 posts)
Thu May 17, 2012, 05:05 PM May 2012

Exclusive | Geithner: 'I Don't Understand' Why Debt Ceiling Debate Is Back

Last edited Thu May 17, 2012, 07:13 PM - Edit history (1)

Source: PBS

Treasury Secretary Timothy Geithner told the PBS NewsHour's Jeffrey Brown during a factory tour Thursday that he couldn't understand why the debate over the federal debt limit is back again.

The visit to Marlin Steel Wire Products, a Baltimore manufacturer of wire baskets that employs 30 workers and exports to some 36 countries around the world, was part of an ongoing effort to get out of Washington to promote the administration's economic agenda.

Geithner made those comments during a wide-ranging interview about the economy that touched on sluggish overall job and economic growth, new turmoil in Europe, JPMorgan's spectacular trading losses that have put a renewed focus on Wall Street regulation plus a new flare-up in Washington over the federal debt limit.



Read more: http://www.pbs.org/newshour/rundown/2012/05/exclusive-geithner-i-dont-understand-why-debt-ceiling-debate-is-back.html
14 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

HereSince1628

(36,063 posts)
2. Timmy just doesn't understand how teahadists are ALWAYS looking for a fight.
Thu May 17, 2012, 05:10 PM
May 2012

The debt-ceiling limit is as good as any other reason, and it has the advantage of being about money, something that the conservatives think should be strictly the domain of the r's.


24601

(3,940 posts)
6. Not really surprising given that he didn't understand the requirement to pay his
Thu May 17, 2012, 06:04 PM
May 2012

Social Security Taxes.

WCGreen

(45,558 posts)
12. To be honest, I would blame his tax preparer for that mix up..
Fri May 18, 2012, 01:24 AM
May 2012

People in the public eye should never prepare their taxes and I bet he just looked over his taxes and signed...

cindyperry2010

(846 posts)
7. It is the politics of distraction don't
Thu May 17, 2012, 06:10 PM
May 2012

look behind the curtain look over there. We have done absolutely nothing about jobs look at president obama and how terrible he is

pnwmom

(108,925 posts)
8. He's making a political point here, obviously. He doesn't understand, he says,
Thu May 17, 2012, 07:59 PM
May 2012

why the Rethugs would do something so bad for the country, but he does . . . and we do.

It's a lot of average Independent and Republican voters who don't understand.

elleng

(130,156 posts)
13. I really don't believe DUers don't understand the rhetoric of this!
Fri May 18, 2012, 02:20 PM
May 2012
'I don't understand WHY any reasonable person would even SUGGEST we have another of those horrendous non-debates.'
Latest Discussions»Latest Breaking News»Exclusive »