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U.S. economy in better shape to handle high gas prices-Geithner

silversmithpress Wrote: Apr 15, 2012 12:05 PM
Maybe the economy as managed by your boss is causing high gas prices; seems like someone's policy when running in 2008 was that US energy prices would necessarily skyrocket

WASHINGTON (Reuters) - The U.S. economy is in a better position to deal with high gasoline prices, Treasury Secretary Timothy Geithner said on Sunday, adding that unseasonably warm winter had lowered overall energy costs for consumers.

Speaking on ABC's "This Week" program, Geithner also dismissed suggestions that the country's huge budget deficit put it at risk of being the next Greece.

(Reporting By Lucia Mutikani; Editing by Eric Beech)