Comments on: Maybe they could be co-Treasury Secretaries? http://curiouscapitalist.blogs.time.com/2008/11/08/maybe-they-could-be-co-treasury-secretaries/ Commentary on the economy, the markets, and business Sat, 28 Nov 2009 16:55:17 +0000 http://wordpress.com/ hourly 1 By: That Anonymous Dude http://curiouscapitalist.blogs.time.com/2008/11/08/maybe-they-could-be-co-treasury-secretaries/comment-page-1/#comment-11845 That Anonymous Dude Mon, 10 Nov 2008 13:55:58 +0000 http://timecuriouscapitalist.wordpress.com/?p=2992#comment-11845 Let's make McCain/Palin secretary of treasury! (please..don't) Let's make McCain/Palin secretary of treasury! (please..don't)

]]> By: pneogy http://curiouscapitalist.blogs.time.com/2008/11/08/maybe-they-could-be-co-treasury-secretaries/comment-page-1/#comment-11844 pneogy Mon, 10 Nov 2008 04:02:51 +0000 http://timecuriouscapitalist.wordpress.com/?p=2992#comment-11844 I wish we didn't have to get involved in the Summers vs. Geithenr or Summers & Geithner debate. It would have been so much easier if McCain/Palin had won. All we would have needed to do then was to steer clear of socialism for our economic well being and "Drill, baby, drill!" to insure energy independence. I wish we didn't have to get involved in the Summers vs. Geithenr or Summers & Geithner debate. It would have been so much easier if McCain/Palin had won. All we would have needed to do then was to steer clear of socialism for our economic well being and "Drill, baby, drill!" to insure energy independence.

]]> By: tanboontee http://curiouscapitalist.blogs.time.com/2008/11/08/maybe-they-could-be-co-treasury-secretaries/comment-page-1/#comment-11840 tanboontee Sun, 09 Nov 2008 06:20:03 +0000 http://timecuriouscapitalist.wordpress.com/?p=2992#comment-11840 With hardly any sophisticated understanding of the salient features of economics, Obama could do little to subdue the financial horror. Given time and the right advice from his group of advisors (co-Treasury Secretaries or not), he may be able to reverse the trend. But that would not likely happen in 2009. If the burning economic problem is not settled in 2010, his political career could well be at stake. (Tan Boon Tee With hardly any sophisticated understanding of the salient features of economics, Obama could do little to subdue the financial horror.

Given time and the right advice from his group of advisors (co-Treasury Secretaries or not), he may be able to reverse the trend. But that would not likely happen in 2009.

If the burning economic problem is not settled in 2010, his political career could well be at stake.
(Tan Boon Tee

]]> By: brianlee89 http://curiouscapitalist.blogs.time.com/2008/11/08/maybe-they-could-be-co-treasury-secretaries/comment-page-1/#comment-11837 brianlee89 Sun, 09 Nov 2008 03:22:55 +0000 http://timecuriouscapitalist.wordpress.com/?p=2992#comment-11837 We need as Secretary of the Treasury someone who understands that US domestic economic policy operates in an international context, that US recovery depends on (and can lead) global recovery, and that the US needs to lead on the international coordination of economic policies and new international economic architecture that G20 finance ministers have just called for in Brazil. (For the great economist John Maynard Keynes’ approach to these sorts of issues, which is highly relevant to today, see D Markwell’s book on Keynes and international economic/political relations.) Like Obama said Friday, we need a “global response” to a financial (and broader economic) crisis that is increasingly global. Obama must lead that global response, and needs a Treasury Secretary fully equipped for this. The WSJ article is very encouraging that both Summers and Geithner have the approach and the ability to do this. If Obama chooses someone else, it is absolutely crucial that they do too! We need as Secretary of the Treasury someone who understands that US domestic economic policy operates in an international context, that US recovery depends on (and can lead) global recovery, and that the US needs to lead on the international coordination of economic policies and new international economic architecture that G20 finance ministers have just called for in Brazil. (For the great economist John Maynard Keynes' approach to these sorts of issues, which is highly relevant to today, see D Markwell's book on Keynes and international economic/political relations.) Like Obama said Friday, we need a “global response” to a financial (and broader economic) crisis that is increasingly global. Obama must lead that global response, and needs a Treasury Secretary fully equipped for this. The WSJ article is very encouraging that both Summers and Geithner have the approach and the ability to do this. If Obama chooses someone else, it is absolutely crucial that they do too!

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