Geithner “much lower risk of double dip”

In an interview by ABC News, Geithner responded to the question about the possibility of a double dip recession.



“”We have much, much lower risk of that today than at any time over the last 12 months or so,” Geithner said. “Again just think of where we are. We are in an economy that was growing at the rate of almost 6 percent of GDP in the fourth quarter of last year. The most rapid rate in six years. So we are beginning the process of healing.”

Mr. Geithner, the President will see you now...