Secretary Geithner on “Face the Nation”
Posted in Main Blog (All Posts) on April 6th, 2009 4:40 am by HL
Secretary Geithner on “Face the Nation”
SCHIEFFER: Good morning again. And joining us in the studio, the Treasury Secretary Tim Geithner. GEITHNER: Thank you, Bob. SCHIEFFER: Mr. Secretary, glad to have you with us. I guess last week you could kind of call it the best of times and the worst of times. The stock market performance overall the best since, what, 1933 maybe. But unemployment reached 8.5 percent, and that’s the worst in what, 25 years I guess. The administration began the year forecasting that unemployment might go to 8.9 by the end of the year. We’re already at 8.5. Does this mean you’re going to have to ask Congress for another stimulus?