{"id":6866,"date":"2010-09-03T00:17:18","date_gmt":"2010-09-03T04:17:18","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=6866"},"modified":"2010-09-03T00:17:18","modified_gmt":"2010-09-03T04:17:18","slug":"top-economic-advisor-to-obama-admits-she-couldn%e2%80%99t-do-her-job","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/6866\/top-economic-advisor-to-obama-admits-she-couldn%e2%80%99t-do-her-job\/","title":{"rendered":"Top Economic Advisor to Obama Admits She Couldn\u2019t Do Her Job"},"content":{"rendered":"<p>Dana Milbank of the <em>Washington Post<\/em> pens <a href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2010\/09\/01\/AR2010090106148.html?hpid=opinionsbox1\" target=\"_blank\">a searing description of Christina Romer\u2019s farewell luncheon<\/a> at the National Press Club.\u00a0 According to Milbank, Romer, until recently chairman of President Barack Obama\u2019s Council of Economic Advisors, established four points during her speech to reporters:<\/p>\n<blockquote><p>(1)\u00a0\u00a0 She had no idea how bad the economic collapse would be.<\/p>\n<p>(2)\u00a0\u00a0 She still doesn\u2019t understand exactly why it was so bad.<\/p>\n<p>(3)\u00a0\u00a0 The response to the collapse was inadequate.<\/p>\n<p>(4)\u00a0\u00a0 And she doesn\u2019t have much of an idea how to fix things.<\/p><\/blockquote>\n<p>So, where does Christina Romer go from here?\u00a0 Back to her teaching post at UC Berkeley where she\u2019ll presumably try to make reality fit into her mathematical models; only this time she won\u2019t have to worry about being held publicly accountable for her conclusions.\u00a0 (Such as the one where she argued that passing the first stimulus bill would keep unemployment below 8%&#8230;)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dana Milbank of the Washington Post pens a searing description of Christina Romer\u2019s farewell luncheon at the National Press Club.\u00a0 According to Milbank, Romer, until recently chairman of President Barack Obama\u2019s Council of Economic Advisors, established four points during her speech to reporters: (1)\u00a0\u00a0 She had no idea how bad the economic collapse would be. [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[143,633,1105,19,1699,18],"class_list":["post-6866","post","type-post","status-publish","format-standard","hentry","category-posts","tag-barack-obama","tag-christina-romer","tag-dana-milbank","tag-economy","tag-great-recession","tag-unemployment"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/6866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=6866"}],"version-history":[{"count":3,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/6866\/revisions"}],"predecessor-version":[{"id":6869,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/6866\/revisions\/6869"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=6866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=6866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=6866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}