Thursday, September 02, 2010

Christina "8 percent" Romer urges even more government spending

Christina Romer, the outgoing chief economist for the White House, is one of those clueless experts President Obama is so fond of. The longtime academic said the $862 billion economic stimulus would prevent the national unemployment rate from exceeding 8 percent. Presently it's stuck at 9.5 percent, after peaking at 10.5 percent last year. Since she made that prediction, the economy has shed 3.3 million jobs.

In a speech to National Press Club yesterday, Romer is calling for more federal government spending--more "stimulus." Does Romer want to destroy what's left of our economy?

Please, professor, hurry back to academia so you can put students to sleep again.

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2 comments:

ck said...

Obama and his gang have no concept of wealth creation. They and everyone they know specialize in taking it from the creators of wealth. Grants, NGO's and tax reciepts is where wealth comes from for their whole culture.

Stew Magoo said...

And why not? She's out, what could possibly go wrong?