Tuesday, July 23, 2019 16:10

It’s a swing… and A MISS!


In Which Karl Denninger Jams Timmah Geithner Old Skool Style

Geithner apparently wrote an op-ed in the Fishwrapper of Record™ (NYT), trying so very hard to convince all of us that his actions have Saved the Economy.  Denninger, of The Market Ticker, meticulously fisks him, taking him to task on every one of his gaseous fabulations.  Here’s just one of the money quotes:

The economic collapse drove tax revenue down, pushing the annual deficit up to $1.3 trillion by last January.

$1.3 trillion eh?  Uh, that’s a lie too:

It was $1.3 trillion in calendar year 2008! In 2009, which is now in the books, it was over $1.6 trillion.

The more than $300 billion you stole from Social Security and Medicare counts, incidentally, and if you lied like this in a public company your ass would be sitting in a federal prison right now.

Oh, for the record, the numbers that went into that graph up above?  They’re yours!

Read the entire article.  It’s not long, and it’s worth every second you spend on it.


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One Response to “It’s a swing… and A MISS!”

  1. That was awesome wrapped in bacon 🙂

    Notice he took the previous administration to task as well. It’s not about the parties, it’s about the NUMBERS.

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