Political Quotes

Tim Geithner: “We're trying to, again, reduce the risk that the economy shrinks by more than it needs to, that unemployment rises by…”

On the recordMarch 7, 2009
We're trying to, again, reduce the risk that the economy shrinks by more than it needs to, that unemployment rises by more than it needs to, that more businesses fail than need to do.
Said by
Tim Geithner
New York

Editor's note · Context

U.S. Treasury Secretary Geithner outlines efforts to mitigate economic decline and unemployment.

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More from Tim Geithner

Jul 25, 2012

I definitely believe that Dodd-Frank has put us in a much stronger position than we were before the crisis.

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I do not believe there is a credible argument to make that uncertainty about our fiscal deficits or uncertainty about the design of regulation in Washington today is having a material adverse effect on the American economy today.

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I believe, as does the President, that there is no plausible way for us to address the many economic challenges facing the country, including our unsustainable fiscal deficits, without asking those most fortunate few to pay a modestly…

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Absolutely. Yes, again, we see there's no prospect to an agreement that doesn't involve those rates going up on the top 2 percent of the wealthiest Americans.

transcripts.cnn.com

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