August 14, 2009

W WINS AGAIN:

As Economy Turns, Washington Looks Better (DAVID LEONHARDT, 8/08/09, NY Times)

What if in the end they got it right?

What if, amid all their missteps and all the harsh criticism, the people in charge of battling the worst financial crisis since the Great Depression — Ben Bernanke, Timothy Geithner, Lawrence Summers, Henry Paulson and the rest — basically succeeded?

It is clearly too soon to know for sure. But the evidence is now pointing pretty strongly in one direction: history books may conclude that the financial crisis of 2008 turned out to be far less bad than it could have been and that Washington deserved much of the credit.


Everyone in Washington except the House GOP that is.

Posted by Orrin Judd at August 14, 2009 4:16 PM
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