Sense on Cents

For those who missed Meet the Press yesterday, please allow me to share a portion of the interview NBC’s David Gregory had with Treasury Secretary Tim Geithner. Please allow me to interject my ‘sense on cents’ analysis as well.

SEC’Y GEITHNER:  We still have millions and millions of Americans out of work, and the most important thing we can do is to make sure we’re taking steps to get people back to work as quickly as we can.

MR. GREGORY:  Well, let me ask you this.  The president was asked in his Twitter town hall about the economy and whether mistakes were made.  And I want to share a portion of what he said.

PRES. OBAMA:  So I think people may not have been prepared for how long this was going to take and why we were going to have to make some very difficult decisions and choices.  And, and I take responsibility for that because, you know, setting people’s expectations is part of how you end up being able to respond well.  (more…)