O Aide Admits: Stimulus Failed ... We Didn't Understand The Recession

[sine-qua-non]

Outgoing Obama Aide Admits: Stimulus Failed Because We Didn't Understand The Recession
http://www.businessinsider.com/chrstina-romer-not-my-fathers-recession-2010-9









Wasting/embezzling two and a half trillion dollars and then saying, "Oops. We made a mistake," IS NOT GOING TO BE ENOUGH!!

[delurk]

It appears that the left is too embarrassed to reply....

[dg9990]

The MSM is suggesting Ms Romer should become the next President of San Franciso Distict of Federal Reserve Board..
 
Can you believe that? .........
 
This woman is grossly incompetant, and the MSM thinks the Fed should hire her..
 
She just said yesterday (paraphrasing) "There is no magic formula to fix the economy." .. In effect, she says she does not know of any policies that will correct the recession.  Obama appoited her to be the top economi advisor in the White House, and she does not know about economic policies. Amazing.... It's not as bad as apponting a community organizer to be President, however.
 
As Czar of Fudged Numbers, Ms. Romer is the one who said "Porkulus" will keep unemployment rate below 8%. ... ... and this is only one member of the worst White Houe staff ever.
 
 

[Thomasj_tx]

What double talk bull crap.

First she said this....

we estimated that by the end of 2010, a stimulus package like the Recovery Act would raise real GDP by about 3 1⁄2 percent and employment by about 31⁄2 million jobs, relative to what otherwise would have occurred.

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Which we know is false.

Then she said this....

our estimates of the impact of the Recovery Act have proven quite accurate

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She said that unemployment would not exceed 8% with the Bill.  And we all know for a fact that was not the case at all.

Just another liar.

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[sweetwater5s9]

Of course it failed as was predicted.   Obama and the Dems should refund the tax money wasted.  Take it out of all benefits they receive from taxpayers until payed in full.

[tin_foil_hat]

Now could we get them to admit they don't understand health care and have them recind that?
 
 

[lluke47]

Three years ago the deficit was 160 billion, today under obumba marxism it is 1.3 trillion for the year..
 
The deficit from the time George Washington became president until Jan 2009 was 9 trillion, the last 18 months it has been 3.9 trillion and will reach 6 trillion at the end of 2010....America cannot survive at that pace, this lunatic in the WH has to be stopped and in Jan. I believe that will be the case...