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SUNDAY, NOVEMBER 22, 2009
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 SUNDAY TALK SHOWS 
16

Geithner: Recovery Could Be 'Choppy'

Tells NBC that financial crisis caused 'a lot of damage'

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(AP) – Timothy Geithner says the US economy has suffered a lot of damage in the current downturn, and it's going to take time before it fully recovers. The treasury secretary said on NBC's Meet the Press that creating jobs and regaining the confidence of investors will be the real test of recovery. Recent encouraging news, he said, "shows that—when you act with force—you can stabilize a crisis like this."

"But this is going to be a different recovery than in the past because Americans are going to have to save more. A lot of damage was caused by this crisis. It's going to take some time for us to grow out of this. It could be a little choppy. It could be uneven. And it's going to take awhile," Geithner said.

Treasury Secretary Timothy Geithner appears on a pre-taping of
Treasury Secretary Timothy Geithner appears on a pre-taping of "Meet the Press'" Saturday, Oct. 31, 2009, at the NBC studios in Washington. The interview will air Sunday, Nov. 1, 2009.   (William B. Plowman)
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16 comments
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UrUndertaker
Nov 1, 09 7:42 AM CST
Thank you GW Bush and D Cheney for destroying so many dreams of so many Americans........Hitler could not have done better nor could Russia. Reply
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+4
IN RESPONSE:
dontlikeyou
Nov 1, 09 7:47 AM CST
What recovery Obama? You've spent $1 Trillion and we are still losing jobs.
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-7
IN RESPONSE:
Fondue
Nov 1, 09 8:46 AM CST
What would have happened without spending the money? Have you thought about that beyond just "those companies would have failed"? Have you thought about what that means to everyone involved. Do you even understand what the ARRA does?
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+1
IN RESPONSE:
tomodachi
Nov 1, 09 9:40 AM CST
The US thought they were getting away from GWB when they elected Obama... what they got was the total effect of GWB's horrendous rape and pillage campaign ON America. Obama is not a perfect president... but unfortunately his hands are severely tied from making things a lot better due o the fact that he has to use valuable resources towards fixing GWB's damage.
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+1
IN RESPONSE:
freethemall
Nov 1, 09 1:13 PM CST
I was right with you, Urundertaker, until your Hitler comparison. The damage done by the recent Bush administration is bad enough; it requires no hyperbole.
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+2

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