Wednesday, August 26, 2015

Stress Test Review

I recently read Timothy F. Geithner's riveting account of the financial crisis in the United States. Geithner has been deemed softspoken, however he has shown through the writing exactly what role he played on the crisis team. The book is a clear cut tool that any government leader should read, as it is sort of a how-to get out of crises & a roadmap for avoiding future crises. Geithner is not a partisan hack, so his brutal attacks on the Bush administration tactics (Iraq War, unaffordable tax cuts for the wealthiest) make a lot of sense. Contrary to how many view him, he is a pragmatic leader who managed to find a way to save Wall Street and Main Street from a dumpsterfire. This is a phenomenal read for any American who wants to know what happened during the crisis when hundreds of thousands of jobs were lost and how we responded through the Recovery when private sector jobs such as the recovery of the auto industry in Detroit, Michigan were added. 5/5 stars! A must read for politicians and aspiring public servants.