The basic sense that you see across the country that the political institutions in this country are not up to the challenges we face, unable to act, unable to solve problems, is absolutely weighing on confidence.
Geithner highlights public frustration with political inaction affecting economic confidence.
Share
More from Tim Geithner
It would raise, dramatically, the borrowing cost, permanently, for all Americans.
If you call into question the willingness of the Government of the United States to meet its obligations, you will shake the basic foundations of the entire global financial system.
It's not a partisan issue. It's traditionally had a lot of bipartisan support.
Those--the cuts are designed to starve those agencies of the ability--deny them the ability to enforce a set of basic, sensible protections for consumers and investors.
Other voices in this conversation
