Geithner is an idiot, but he is right about at least ONE thing…
August 8, 2011 Leave a comment
Geithner says:
“[S&P has] shown a stunning lack of knowledge about basic U.S. fiscal budget math.”
No kidding, Tim. If they really understood the US Treasury’s economics, they’d have downgraded it to junk in 2008. But I don’t think that’s what you mean…