Tim Geithner Speaks For Tim Geithner

This interview of Tim Geithner provides some insights into his thinking about the financial crisis and how to deal with our 10 year deficit problems.  Its pretty clear that he was very concerned about the depth of the financial crisis, and that he was worried about our ability to prevent a global disaster.  He views his position as like that of an emergency room physician who is faced with keep the patient alive and is less worried about what to do after that problem is solved.  He also believes that only modest changes in fiscal policy are needed to provide solutions for the next decade.  That gives us some time to deal with the problems that we face in the out years.  Republicans prefer a plan that fixes the 50 year deficit problem right away.