Geithner is very green when it comes to speechifying, repeating the same old talk again and again. He says the economy is healing but it will take time to fully recover. It is important that countries like China move away from export growth. While the economy is recovering, it still needs “target” measures to spur job creation and growth. It would be a mistake to try and cut the deficit quickly but the US must show the will to get long-term deficits under control.