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Tuesday, March 31, 2009

Geithner-Krugman Feud Comes To A Head On Sunday Shows (VIDEO)

The high-profile policy duel between Tim Geithner and Paul Krugman came to a head on Sunday. Following the Treasury Secretary's appearance on ABC's "This Week (read/watch that interview here), Krugman participated in the panel session and made clear that he hadn't yet been convinced.

"It's a plan to rearrange the deck chairs and hope that that keeps us from hitting the iceberg," the Nobel Prize-winning economist said of Geithner's bank plan. "They've done some things very fast, but they've been very small things ... There's no way this could be enough."

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