Tim Geithner

Mitt Romney weighed in yesterday with another riff on my book that bears a bit of scrutiny. Here’s what he said:  READ MORE >>

I don’t usually wade into global economic policy here on the Stump, but as Mitt Romney reminded us in his speech last night, the 2012 presidential race is “still about the economy—and we’re not stupid.” So after coming across a particular pet peeve of mine just now, I’m going to wade on in. READ MORE >>

Over at The Washington Post, Jonathan Bernstein argues that the Jim Yong Kim nomination for World Bank president is (for liberals at least) a pleasant byproduct of having a Democratic president: READ MORE >>

On Sunday, The Washington Post published a long, blow-by-blow of last summer’s negotiations between Barack Obama and John Boehner over a $4 trillion deficit deal. The take-away from the piece is that Obama had a chance at a deal involving $800 billion in tax increases and trillions in spending cuts (including cuts to sacred programs like Medicare and Social Security), but that he got cold feet and backed away. READ MORE >>

In his new book, The Escape Artists, my TNR colleague Noam Scheiber makes the interesting argument that one problem with President Obama's economic team was that, in struggling to pull the U.S. economy out of recession, the Rubinites (i.e., Tim Geithner and Larry Summers) were fighting the last war. READ MORE >>

There is an absurd quality to the debate over the S&P downgrade that captures the perverse incentive structure of our political system. House Republicans successfully played chicken with the debt ceiling and have vowed to continue doing so. As a result S&P downgraded Treasury debt: READ MORE >>

Yesterday, David Frum posed a question to conservatives: My conservative friends argue that the policies of Barack Obama are responsible for the horrifying length and depth of the economic crisis. Question: Which policies? READ MORE >>

&c

  -- Felix Salmon responds to today’s huge dip in the Dow.   -- In which Tim Geithner stars in the sequel to The Exterminating Angel.   -- Jacob Weisberg says politics is “broken in every possible way.”   READ MORE >>

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