Timothy Geithner must go for two reasons: (1) he’s expendable: and (2) he has become a distraction. Geithner didn’t vote on a single debt proposal, and yet he played a significant role in the crisis. This is what happens when coaches are fired. The coach isn’t on the field making the plays, and you would think that players would be committed enough to play hard for the common good. But when you can’t fire the team, you often fire the coach. You can’t fire an elected official, and the public and financial markets want someone held accountable. It is unfortunate and perhaps even a little unfair. Sorry Tim, you need to go.
The standoff between Republican elected officials and their Democratic colleagues over the roll and scope of collective bargaining with public sector unions has escalated to the point where rhetoric has overtaken reason. So let’s look at what this means and why public sector unions could become extinct.
I posted a link to a survey on my Facebook and Twitter pages on the day following the election. In the days that followed, a small group of people responded to five questions about what motivated their vote and what they believe it means.