Obama Administration Insists That the Economy Is Going Through A “Healthy Adjustment” as Unemployment Reaches 26-year High of 9.5%

Obama Administration Insists That the Economy Is Going Through A “Healthy Adjustment” as Unemployment Reaches 26-year High of 9.5%

JULY 13, 2009

What the economy "is going through is a very necessary and healthy adjustment as [Americans] go back to living within their means."– President Obama’s Treasury Secretary Tim Geithner (CongressDaily, 7/10/2009)