OK, Timothy Geithner, here’s a question: What gives the U.S. the right to the world’s lowest gasoline prices?
“I’m the wrong guy to ask,” the Treasury secretary answered. “And this is the wrong time to ask me.”
With Election Day approaching, the audience laughed. As one of the chief architects of President Barack Obama’s economic policy, Geithner took care Monday to avoid rhetorical land mines that could make unwanted headlines at a time polls show Republicans could reclaim control of Congress and create big problems for the Democratic administration.
Amid continuing economic anxiety, Geithner delivered a measured message of reassurance: “The economy is definitely healing. We’re making some progress in repairing the damage caused by the crisis.”