Tim Geithner clearly won today, as if that matters in the long run. But again, what matters in the long run will be his real judgment, and just because we bloggers and cable newsers want instant truth doesn't mean it's available. Just as interesting was the media strategy. Geithner spoke to his fellow econowonks off camera:
He spoke without television cameras present, and attracted a group of policy-wonk reporters who seemed far more interested in the details of the plan than they were in the cable news chatter over Geithner’s woes. As a result, Geithner was not asked a single question about the controversy surrounding his handling of the AIG bonus mess, or the speculation over his future in the Obama cabinet.
They learn, these Obamaites. They learn.
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