Former Treasury Secretary Timothy Geithner on CBS’s “Face the Nation” Sunday said how well one does in life “depends too much on the color of your skin and how rich your parent is.”
“How well you do in life today, how good your education is, how good your health care is, depends too much on the color of your skin and how rich your parent is. And that’s something that should worry all Americans,” said Geithner. “Now, those are things government can do things about.
Geithner was promoting his book, “Stress Test: Reflections on Financial Crises,” which went on sale last week.
Host Bob Schieffer asked him what he would say to people like Sen. Elizabeth Warren (D-Mass.), who say “our whole system is rigged to help the big banks and the rich people, and that, in her view, is why the middle class is suffering.”
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