In response to:

Tim Geithner and the Return of Moon-Yogurt Accounting

justme16 Wrote: Dec 03, 2012 1:56 PM
It will cut available investment capital and retard growth across the board in this country..thus NO job growth and no additional revenue from income taxes...why do you focus on ONLY one piece of the pie? Without invetment income BUSINESSES can not and will not grow and new start up businesses will be almost zero. BTW no one is about going after grandma and grandpa..that is propaganda spin from the left....the attempt to rein in social security and medicare is to re direct the programs for FUTURE generations along similar lines as the FERS p rogram was when being converted from the CSRS programs OLDER employees were given the option to be grandfathered in. So the grandma grandpa thingy is nothing but FEAR MONGERING.

Treasury Secretary Tim Geithner has had a rough few days.  Late last week, Sen. Mitch McConnell laughed in his face when he presented President Obama's breathtaking fiscal cliff "deal" -- which raises taxes by $1.6 trillion, abolishes the debt limit (!), spends tens of billions on a new stimulus (!!), and offers no specific or guaranteed spending reductions to speak of.  Then Geithner appeared on Fox News Sunday to defend the proposal, and things went...not so well.  When host Chris Wallace pilloried his claim of illusory "savings" on war spending, Geithner was flummoxed (via