Geithner: Japan's 'Lost Decade' Not America's Fate
Complete video at: http://fora.tv/2010/10/18/The_State_of_the_Economy_Timothy_Geithner Is a Japan-style "Lost Decade" in the cards for the United States? Not according to Treasury Secretary Timothy Geithner. Citing lessons learned from the 1990's Japanese economic crisis, Geithner argues that swift, aggressive measures from the federal government have staved off the chance of a similar future for America's economy. ----- Secretary Geithner will address the Obama administration's proposals to help get more Americans back to work and help reinforce long-term growth at home as well as efforts to build a more stable financial system and to strengthen the global economy. Before his ascension to the Treasury in 2009, Secretary Geithner helmed the Federal Reserve Bank of New York. His many years of service include jobs in three presidential administrations for five secretaries of the treasury in a variety of positions. He served as under secretary of the treasury for international affairs from 1999 to 2001 for secretaries Robert Rubin and Lawrence Summers, and was director of the Policy Development and Review Department at the International Monetary Fund from 2001 until 2003. Don't miss this chance to get up close and personal with one of the most important figures entrusted with getting the nation's economy back on track. - Commonwealth Club of California Timothy Franz Geithner is the 75th and current United States Secretary of the Treasury, serving under President Barack Obama. He was previously the president of the Federal Reserve Bank of New York.
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