A: No, I Don’t Think So
I think we should look for an alternative explanation.
We’ve heard much chatter about Treasury Secretary, Tim Geithner, and Economic Advisor, Larry Summers, both making similar gaffes last week-end, cracking the door open for a “middle-class tax increase.” I’d say the probability is low, let’s say one in a hundred, that the Former Treasury Secretary and former Harvard President, would make such a gaffe in view of the boss’s repeated statements to the contrary. I think the probability is equally low that the current Treasury Secretary and former President of the New York Fed would make such a gaffe. If so, the probability of both doing so is 1 in 10,000-1/100 x 1/100.
Come on folks. I’m supposed to be the naïve one around here. Alternative explanations are in order. What about those boys were testing the water for their boss?
Stating the Obvious