We can't put the country in the position where we enter the next crisis with a limited set of tools.
Tim Geithner: “We can't put the country in the position where we enter the next crisis with a limited set of tools.”
Editor's note · Context
Geithner warns against having insufficient tools for future crises.
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If the U.S. Government were at this time... to significantly reduce the assistance it provides students going to college, that would be a bad thing for the country.
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.
If those were embraced by the Congress tomorrow, there would be substantially more confidence around the world in the capacity of this political system in Washington.
I definitely believe that Dodd-Frank has put us in a much stronger position than we were before the crisis.





