Thursday, June 17, 2010

Flashback, Geitner: The economy is improving

Now, keep in mind when he said this:

"The U.S. economy is showing signs of improvement more quickly than had been expected, while aggressive efforts by policy makers around the world have blunted the risk of a much deeper global recession, U.S. Treasury Secretary Timothy Geithner said Tuesday. "


It was July of 2009.


He also pledged:


"....that stimulus measures would be quickly unwound as soon as the crisis had "definitively receded." President Obama is committed to bringing the deficit down to around 3% of gross domestic product once a recovery is firmly established and to limiting future spending commitments through budget rules, Geithner said. "

Uh huh.


Can we start saying "liar liar pants on fire" yet?

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