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...Everyone guessed wrong.' JOE BIDEN, Vice President, acknowledging that the Administration's $787 billion economic-stimulus plan has failed to reduce the unemployment rate...

Author: /time Magazine | Title: Verbatim | 6/29/2009 | See Source »

...does this plan attack the causes of the crisis, and would it have prevented the crisis had it been in place...

Author: /time Magazine | Title: Geithner Q&A | 6/29/2009 | See Source »

...that financial institutions--especially the largest, most complex and important ones--weren't held to a high enough standard. In boom times, that problem wasn't visible, but those firms turned out not to have the capital and liquidity cushions they needed in times of true stress. Our plan fixes that too. There are a whole range of areas--from consumer protection to the establishment of a coordinating council of regulators--where our plan puts in place measures that would have made it more unlikely for things to get as far out of hand as they did in this recent...

Author: /time Magazine | Title: Geithner Q&A | 6/29/2009 | See Source »

What is your response to those who say the plan does not go far enough in protecting consumers...

Author: /time Magazine | Title: Geithner Q&A | 6/29/2009 | See Source »

According to a recent report, 131 million people would take the deal of a public health-care plan, including two-thirds of those who now have private insurance. What does that say about the wishes of the American people? Yet the worry seems all about driving the private health-insurance industry out of business. There are at least two bills now in Congress that would provide a universal public plan--including how to pay for it--and help health-insurance workers displaced by it. But it looks as though we once again may wind up with what the lobbyists...

Author: /time Magazine | Title: Inbox | 6/29/2009 | See Source »

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