Showing posts with label Christina Romer. Show all posts
Showing posts with label Christina Romer. Show all posts

Saturday, August 06, 2011

Wednesday, September 30, 2009

How President Obama tries to fool the public

This has been the president's theme: His so-called stimulus package, bailouts for politically connected banks and industries, ludicrously wasteful programs like Cash for Clunkers, etc. have saved America from the greatest disaster since the Great Depression.

But this theme runs up against some rather unfortunate facts...
Success No Matter What

Sunday, March 15, 2009

Eeny, meeny, miny, moe

After weeks projecting a dismal outlook on the economy, administration officials — led by the president himself in recent days — swung their rhetoric toward optimism in what became Wall Street's best stretch since November.

During the fall campaign, Obama relentlessly criticized his Republican opponent, Sen. John McCain, for declaring, "The fundamentals of our economy are strong." Obama's team painted the veteran senator as out of touch and failing to grasp the challenges facing the country.

But on Sunday, that optimistic message came from economic adviser Christina Romer. When asked during an appearance on NBC's "Meet the Press" if the fundamentals of the economy were sound, she replied: "Of course they are sound."
Read the whole thing