Really Good News: Geithner Going

Treasury Secretary Timothy Geithner has announced that if President Obama is re-elected, Geithner will not stay on as Treasury Secretary in a second term. Geithner, who never met a plutocrat for whom he felt anything but sympathy, has been a complete and total drag on the kind of economic populism that formed the historical core of FDR's Democratic Coalition. The first thing a Democratic Treasury Secretary should ask is not how a decision will affect the markets, important as markets are. The first question should be, how does this affect the average American? I am not sure Geithner has given any evidence of having ever met an average American, let alone grasping their sense of anger and astonishment at the ways of Wall Street.

Join the Conversation

Send your thoughts and reactions to Letters to the Editor. Learn more here