Friday, August 6, 2010

Romer to Resign as Obama Adviser - WSJ.com

ON C. ROMER: Romer to Resign as Obama Adviser - WSJ.com:

"Since she clearly misread history (i.e. the Depression, etc.), it would seem good to have her go. However, the rest of the team in office clearly has the wrong approach to restarting the US economy, so it won't make any difference.

And, lets stop this 9.5% unemployment charade. It's closer to 20% and the rest of the world and the average American should stop buying the misdirection and counter-fact of 9.5%. About 20% of the potential workers in the US would like a job and can't find one. Meanwhile, all the economic policies are encouraging job creation outside of the US first.

One does feel sorry for Berkeley students who will have a professor who doesn't have her facts and ability to think on the right track. Sort of reminds one of those who taught the world was flat! Ah well....

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