Unemployed group blasts Geithner's handling of economy

[The Northerner]

UCubed, a group representing unemployed and underemployed workers, sharply criticized Treasury Secretary Timothy Geithner for his handling of the economy after the Labor Department last week announced that jobless claims had unexpectedly jumped to 500,000.

"The pace of job losses is increasing, and Secretary Geithner doesn't have a clue on how to end this grave recession," said Rick Sloan, the group's acting executive director, in prepared remarks.

Sloan noted a September 2009 interview with ABC where Geithner predicted that in 12 months jobs would be easier to find and income growth would accelerate.

"Geithner was delusional then and he's even worse now," Sloan said, pointing to comments that were made less than a month ago by Geithner declaring the economy was "on firmer foundation for future growth."

Sloan called for Geithner to resign his post as the economy appears to be backtracking from previous gains, especially on the job front.

Last week's increase in jobless claims was the third in a row, and suggests that the private sector may report a net loss of jobs in August, a first for the year.

Source: http://thehill.com/blogs/on-the-money/801-economy/115459-unemployed-group-blasts-geithners-handling-of-economy

[Greyhound]

1. Why are any of these serial failures anywhere near our government? n/t

[Subdivisions]

3. Because our government in owned and operated by The Club. You know, the club you ain't in? n/t

[laughingliberal]

2. "Geithner was delusional then and he's even worse now,"

If he thought the policies he advocated for would work for the bottom 98%, he was delusional. I'm not sure he ever thought they would or that it was his goal. Geithner seemed to feel his job was done once they rescued Wall Street and the banksters.

[Winterblues]

4. Geithner can not do much on his own

This is pretty much something for Congress to deal with and Republicans have blocked every single attempt..What is wrong is no one is holding them accountable for their actions..The few that do, get no platform to make their accusations..

[Jax]

5. Fuck you Geithner you right wing corporate kiss ass

clown. Fire his corporate "I got mine" ass now.

:thumbsup: UCubed. Don't let the right wing slimes with a "d" by their name make you eat their right wing shit with a knife and fork ANYMORE.

They can eat it themselves, the "I got mine" scum.