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Wednesday, November 18, 2009

Growing Consensus in Dem Caucus: Economic Team Must Go

Fire Geithner and Summers, prominent Democrat says

by Peter Tencel
Rawstory
November 18, 2009

'We may have to sacrifice just two more jobs to get millions back for Americans'

President Barack Obama "is being failed by his economic team" and should replace Treasury Secretary Tim Geithner and White House economic policy director Larry Summers, says US House Rep. Peter DeFazio.

The prominent member of the Congressional Progressive Caucus told MSNBC's The Ed Show that he and other House members are growing increasingly frustrated by a White House economic policy that focuses on maintaining the financial stability of Wall Street firms while largely overlooking Main Street concerns.

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