Jun 012009
From Bloomberg.com: “No one is going to be more concerned about future deficits than we are,” Geithner told reporters on the way to two days of meetings that start today in China’s capital.”
Do we have some kind of trend in the making? First Obama says he doesn’t want to run a car company, which is really beside the point of whether he WILL run a car company. Now Geithner says the administration is going to be “concerned” about deficits, which doesn’t answer the question of whether it’s going to do something about future deficit. I would guess the latter is of more interest to the Chinese government than the Obama administration’s “concern,” whatever that is.