Sunday, April 29, 2012

Geithner Goes Over the Edge

Is Tim Geithner the most politically partisan treasury secretary in history? Certainly sounds like it these days. As the government’s chief financial officer, he’s spending a lot of time firing campaign barbs at various Republicans and their policies.
Geithner has blasted Mitt Romney by name on several occasions. He frequently attacks Representative Paul Ryan and the GOP budget. And he recently fired a broadside at top-Romney economist Glenn Hubbard, who is presently dean of the Columbia Business School.
Responding to a Hubbard op-ed in the Wall Street Journal — which calculated that the president’s spending plans would require an 11 percent tax increase on people earning less than $200,000 a year — Geithner said, “That’s a completely made-up, remarkably hackish observation for an economist.”
Hubbard a hack?
Besides running a highly respected Ivy League business school, he was the chairman of President George W. Bush’s council of economic advisors. He also earned his Ph.D. in economics from Harvard.   


Read more: http://www.nationalreview.com/articles/297181/geithner-goes-over-edge-larry-kudlow

No comments: