August 25, 2010

It's Time for Geithner & Summers to Go

Editorial, Investor's Business Daily

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Leadership: It's not unusual, especially in a lousy economy, for an opposition leader to call for the resignation of an administration's economic team. Still, President Obama would be wise to follow John Boehner's advice.

Let's face it: Treasury Secretary Tim Geithner and National Economic Council Director Lawrence Summers have not performed competently in their jobs. They have come up with one Rube Goldberg solution after another to solve our problems but have instead left us with the prospect of a double-dip recession, trillion-dollar deficits as far as the eye can see and the bankrupting of several generations of taxpayers.

"It's time to put grown-ups in charge," Boehner, the House GOP leader, said Tuesday in biting remarks at a speech in economically troubled Cleveland....

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TAGGED: Investor's Business Daily, Barack Obama, Lawrence Summers, Tim Geithner

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