President Obama should have the “best and brightest” in the nation working for him, especially now during the economic crisis, he so aptly named a “catastrophe.”
But today, if these guys are the best and brightest; prepare for more disaster.
Obama economic adviser Christina Romer was asked during an appearance on NBC’s “Meet the Press” if the fundamentals of the economy were sound. “Of course they are sound,” she replied.
She even elaborated: using about the same language John McCain used last autumn which brought a fire storm from Barack Obama.
The only thing worse than blindly reciting the talking points is forgetting to read them all together….
Unless Team Obama has just not settled on the true talking points.
Is it a disaster or is it getting better?
On “,” Obama economic adviser appeared. It wasn’t pretty.
And many of the shows discussed the possibility that Obama would tax health benefits.
Treasury Secretary Tim Geithner was in London and he may have been in Siberia for all we know.
He spoke at the G20 yesterday but made no impression on anybody, apparently.
Question for President Obama: If Geither is so good, after he urged the G20 to “strong action” yesterday, in London mind you, why couln’t we find a report of that speech on page one of the London Times or the Telegraph?
Senator Jim DeMint (R-SC) said, “Even Barack Obama’s ardent supporters now say his spending, borrowing and taxing makes Republicans look like amateurs.”
Obama’s surrogate talking heads on Sunday were the gang that couldn’t shoot straight.
These are the folks taking care of the economy…..
The AP said:
The seesaw message from the new administration drew sharp criticism from Senate Republican leader Mitch McConnell, who said Obama’s team was exploiting the economic situation for political gain.
“They’re taking advantage of a crisis in order to do things that had nothing to do with getting us into the crisis in the first place,” McConnell said.
WASHINGTON — One of President Obama’s economic advisers said Sunday that the economy is fundamentally sound, a striking reversal from the Democrat’s campaign rhetoric as his administration now guides the nation’s financial health amid dire conditions.
Obama’s Democratic allies pleaded for patience for an administration hitting the two-month mark this week, while Republicans said the White House’s plans ignore small business and the immediate need to fix what ails the economy.
During the fall campaign, Obama mercilessly mocked 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.
On Sunday, economic adviser Christina Romer was asked during an appearance on NBC’s “Meet the Press” if the fundamentals of the economy were sound. “Of course they are sound,” she replied.
“The fundamentals are sound in the sense that the American workers are sound, we have a good capital stock, we have good technology,” she said. “We know that — that temporarily we’re in a mess, right? We’ve seen huge job loss, we’ve seen very large falls in GDP. So certainly in the short run we’re in a — in a bad situation.”
Just a week ago, White House Office of Management and Budget director Peter Orszag declared that “fundamentally, the economy is weak.”