Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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From: tonto	9/2/2010 4:12:09 PM
	4 Recommendations of 224734

Christina Romer, Obama Economic Adviser, Steps Down Christina Romer, the chair of the president’s Council of Economic Advisers, marked the end of her tenure Wednesday with a speech at the National Press Club in Washington. Romer, who is credited with leading the way on the stimulus package passed in February 2009, tried to explain her thinking then and why the stimulus didn’t work as well as she’d expected. With the economy still struggling to get back off the ground, Romer leaves the post with a bit of a cloud over her head. But is it deserved? Romer’s bleak speech—and her seeming lack of any strong ideas for fixing the situation—were enough to ruin lunch for Washington Post wiseguy Dana Milbank. But put in perspective, what’s much worse than the loss of appetite is the 4 million jobs lost over the last 18 months. Dana Milbank: That’s not Romer’s fault; the financial collapse occurred before she, and Obama, took office. But she was the president’s top economist during a time when the administration consistently underestimated the depth of the economy’s troubles—miscalculations that have caused Americans to lose faith in the president and the Democrats. Dana Milbank, The Washington Post

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