Oh, and just for good measure, “It’s Bush’s fault.” Christina Romer, the famously inaccurate economic crystal ball gazer gazes into her crystal ball again and predicts the economy will begin creating jobs again come spring.
I dearly hope she is right but my guess is, based on her track record, she is wrong. Remember, she is the economist who predicted that unemployment would rise above 8% if we did not enact the $800 billion dollar stimulus package immediately. Remember?
She already has had to revise that one. Here’s her new prediction. Pathetic really, because she really predicts nothing.
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Looks like Christina has add a couple more chins from all those luxury DC parties she enjoys while 10%-20% of the pupulation has to beg for food. I love how she says Obama has to be the responsible one and take responsibility for this problem in the same breath she blames it all on Bush. She keeps a smile on her face the whole time. That take a lot of talent to keep smiling through a pork face while ducking every question and passing the buck. We are in such good hands !
Less than 2 weeks ago you were saying on air that you liked this woman. Regardless this is the kind of definitive response that we can expect from these people.
Yeah, Romer has been gazing at something, but it is her navel, not a crystal ball. The crystal ball would at least have a chance of being right.
Politician first, economist second (and I am being kind).
Nine months ago, in a galaxy far, far away, Romer on MTP "explains why "the fundamentals of the economy are strong" after Obama was elected vs. the reaming McCain took for the same statement when the economy was demonstrably better.
http://www.youtube.com/watch?v=kntE8gZyZZ4&fe…