Treasury Secretary Timothy Geithner appeared this morning on ABC’s “Good Morning America” to discuss the economic recovery. His message was one of cautious optimism. While discounting the possibility of job growth in December, Geithner was pleased with the lower than expect job loss rate in November and repeated what most economists are saying – we’ll see a turn around and net growth in jobs this spring. Geithner also talked a bit about the bailout, noting that banks have already paid back $90 billion of the money lent to prop them up, and that the money is being paid back with interest.
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December 23rd, 2009 at 4:00 pm
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December 23rd, 2009 at 9:15 pm
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December 24th, 2009 at 1:31 am
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January 7th, 2010 at 10:14 am
[...] A month ago analysts, including Treasury Secretary Timothy Geithner, were predicting we would not see any job growth until spring. Now various experts are anticipating a report that will show no net job losses and possibly even a small amount of gain tomorrow. A Reuters survey of economists predicts a flat job market in December, while analysts at JP Morgan suggest that non farm payrolls might have risen by as much as 40,000. Share This Story: [...]
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