Michael Barone

Markets Don't Like the Geithner-Obama Stimulus Plan

February 11, 2009 RSS Feed Print

By Michael Barone, Thomas Jefferson Street blog

A searing take on the Obama administration's financial plan, from Martin Wolf of the Financial Times. The Dow lost something like 5 percent of its value after Treasury Secretary Timothy Geithner's announcement of the administration's program; apparently the markets think like Wolf.

On Facebook? You can keep up with Thomas Jefferson Street blog postings through Facebook's Networked Blogs.

Tags:
Tim Geithner,
Obama administration,
economic stimulus

Reader Comments Read all comments (10)

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

That's very informative read.

tarot barato of AL 6:02AM January 07, 2012

Your precisely right with this one..

falsafa qalam of AL 8:33PM December 20, 2011

This post couldnt be more right

dead sea masque of AL 7:37AM October 04, 2011

Michael Barone

Michael Barone

U.S. News Weekly

Subscribe Today

Order the new U.S. News Weekly digital magazine at a special low introductory price!

Michael Barone is a senior writer for U.S.News & World Report and principal coauthor of The Almanac of American Politics. He has written for many publications—including the Economist and the New York Times.

Thomas Jefferson Street Blog

Donald Trump Makes Kim Kardashian Look Good

At least Kim Kardashian doesn't take herself seriously.

The Vietnam War Still Haunts Us

History rhymes once again, thanks so much.

'Transcripters' Make Birthers Look Smart

Now the fringe right wants the president's university grades to prove he wasn't a good student.

Obama Must Do More to Protect the Intellectual Property Industry

The Obama administration needs to protect the industry's creativity and innovation.

Is Congress Getting Dumber?

That Congress is speaking at a lower grade level than it was seven years ago may be due to the unfortunate tendency to equate education with elitism.

Obama's Remarkable Silence on Latin American Press Abuses

President Obama's silence on press freedom in Latin America is troubling.

Why the Media Is Giving Romney a Pass on Trump's Birtherism

Why the media hasn't pressed Mitt Romney about Donald Trump's birther fantasies.

Romney's Bain Experience Wasn't Real American Capitalism

The fact that Bain Capital served to make money for investors, not to create jobs, could endanger Romney.

Does BP CEO Tony Hayward Need R&R?

The CEO has gone AWOL amid the oil spill disaster.