Posted on 01/25/2010 2:56:18 PM PST by Nachum
INSIDE OBAMAS WASHINGTON A POLITICO Video Series January 25, 2010 (Recorded January 22, 2010)
INTERVIEWER: MIKE ALLEN, Chief White House Correspondent
GUEST: TIMOTHY GEITHNER, Treasury Secretary
CHAPTER 1
MR. ALLEN: Hello. I'm Mike Allen, White House correspondent of POLITICO. Welcome to POLITICOs video series, "Inside Obama's Washington." We're here at the Treasury Department with Secretary Tim Geithner. Welcome, Mr. Secretary.
SECRETARY GEITHNER: Nice to see you, Mike.
MR. ALLEN: How confident are you that a clear recovery will be underway by this spring?
SECRETARY GEITHNER: Very confident. The economy is healing. It's growing. It's more broad based. You see the classic signs of greater confidence among consumers and businesses now. They see stronger orders. So, I think we've been successful in breaking the momentum of the worst recession in generations. But this crisis caused a lot of wreckage. There's still a lot of damage out there. Unemployment is still very, very high, and we have a lot of work to do to make sure that we're restoring confidence, getting people back to work, making businesses comfortable to make the kind of decisions that are necessary to grow the economy.
(Excerpt) Read more at dyn.politico.com ...
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