The path our country has pursued to date was too limited in support. It came late, came with too little broad trust and confidence and too little direct support to the businesses and consumers and households that are most affected by the crisis; people who were careful and responsible in their actions but were damaged by the judgments of those who did not.
Tim Geithner: “The path our country has pursued to date was too limited in support. It came late, came with too little broad trust and…”
Editor's note · Context
Tim Geithner discusses the inadequacies of the previous economic support measures and emphasizes the need for a more comprehensive approach.
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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.
Executive compensation played a material role in causing the financial crisis because it encouraged excessive risk taking.
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.
I definitely believe that Dodd-Frank has put us in a much stronger position than we were before the crisis.





